Stock index DAX 30 is trading at the level of 12704.8. DAX 30 broke the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, which indicates an bullish trend in the DAX 30. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 12660.0, from which it is expected to try to increase quotations of the stock index and develop a bullish trend near the level of 12870.0.
Index DAX 30 forecast on June 1, 2017
Earlier, a weak signal was received for the sales of the Stock index DAX 30, due to crossing of the signal lines at the level of 12680.0. Cancellation of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 12540.0, which will indicate a change in the upward trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the stock index DAX 30 stands with the breakdown of the local maximum area at the level of 12800.0.
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