The stock index DAX 30 is trading at the level of 12447.7. DAX 30 is trading above the upper limit of the Ichimoku Cloud, indicating an upward trend in the DAX 30. A test of the signal line area near the level of 12350.0 is expected, from which it is expected to attempt an increase and development of the bullish trend for the DAX 30 Stock Index for growth to the level of 12600.0.
Ichimoku Kinko Hyo forecast DAX 30 on April 26, 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 quotations below the area of 12160.0, which will indicate a change in the upward trend in favor of the 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 12480.0.
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