Stock index DAX 30 is trading at the level of 12757.8. DAX 30 is trading above the upper bound of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the DAX 30. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 12670.0, from which it is expected to try to increase quotations of the stock index and develop a bullish trend near the level of 12960.0.
Index DAX 30 forecast & signals on June 14, 2017
Earlier, we received a weak signal for buying of the Stock index DAX 30, due to the crossing of signal lines at the level of 12620.0. Cancellation of the variant of growth of quotations of the stock index will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 12630.0, which will indicate a change in the bullish 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 12930.0.
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