Stock index DAX 30 is trading at the level of 12440.5. DAX 30 broke through Ichimoku Kinko Hyo Cloud and began to trade below its lower limit, which indicates a bearish trend in the DAX 30. The Ichimoku Kinko Hyo Cloud lower limit test is near the level of 12480.0, from which it is expected to try to fall and further develop the bearish trend to reduce Near the level of 12240.0.
Stock index DAX 30 forecast on July 19, 2017
Earlier, a weak signal was obtained for the buying of the exchange index DAX 30, due to the crossing of signal lines at the level of 12432.0. The cancellation of the variant of falling quotations of the stock index will be the breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 12640.0, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations of the stock exchange index DAX 30 stands with the breakdown of the local minimum area at the level of 12310.0.
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