The stock index DAX 30 is trading at the level of 12366.5. The DAX 30 broke through the Ichimoku Cloud and traded above its upper limit, which indicates an upward trend in DAX 30. A drop in quotations near the level of 12280.0 is expected, from which it is expected to attempt a growth and development of the bullish trend on the DAX 30 Index for growth to the level of 12490.0.
Ichimoku Kinko Hyo forecast DAX 30 on April 25, 2017
Earlier, a weak signal was received for the purchases of the DAX 30 Stock Index, due to the intersection of the signal lines at the level of 12099.0. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 12070.0, which will indicate a shift in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations of the Stock Exchange Index DAX 30, with the breakdown of the local maximum area at 12400.0.
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