Stock index DAX 30 is trading at the level of 12750.9. DAX 30 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the DAX 30. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 12740.0, from which it is expected to try to increase quotations of the stock index and develop the bullish trend for growth near level 13030.0.
Index DAX 30 forecast & news on June 23, 2017
Earlier, a strong signal was obtained for the buying of the DAX 30 exchange index, due to the crossing of the signal lines at the level of 12770.0. The cancellation of the growth of quotations of the exchange’s 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 12660.0, 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 12980.0.
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