Stock index DAX 30 completes the trading week at 12820.2. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the DAX 30. A test of the signal line area near the level of 12710.0 is expected, from which it is expected to try to grow and develop the bullish trend of the exchange index with the target of growth near the level of 13230.0.
Index DAX 30 weekly forecast June 12 — 16, 2017
Previously, a strong signal was obtained for the DAX 30 exchange index buying, due to crossing of the signal lines at the level of 12612.0. The 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 quotes below the area of 12100.0, 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 13030.0.
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