Stock index DAX 30 completed the trading month at 12819.8. DAX 30 is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the DAX 30. A test is expected for the signal line area near the level of 12140.0, where we can expect an attempt to grow and develop the bullish trend of the stock index DAX 30 in order to rise near the level of 13330.0 .
Stock index DAX 30 forecast for June 2017
Earlier, we received a weak signal for buong of the exchange index, due to the crossing of the signal lines at the level of 9953.0. 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 10720.0, 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 13100.0.
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