The Stock index DAX 30 is trading at the level of 12455.9. DAX 30 is trading above the upper limit of the Ichimoku Cloud, which indicates an upward trend in DAX 30. The stock index is expected to fall near the level of 12390.0, from which it is expected to try to grow and develop the bullish trend on the DAX 30 Stock Index for growth to the level of 12580.0.
Ichimoku Kinko Hyo DAX 30 Forecast on May 3, 2017
Earlier, a weak signal was received for the sales of the DAX 30 Stock Index, due to crossing of the signal lines at the level of 12440.0. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 12155.0, which will indicate a change in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations of the Stock Market Index DAX 30, with the breakdown of the local maximum area at the level of 12515.0.
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