Stock index DAX 30 is trading at the level of 12431.8. DAX 30 is trading below the cloud base Ichimoku Kinko Hyo, indicating a bearish trend on the DAX 30. Expected to test the cloud base Ichimoku Kinko Hyo near the level of 12470.0, where we can expect an attempt to drop and further development of the bearish trend to reduce near the level of 12210.0.
Stock index DAX 30 forecast on July 20, 2017
Earlier, a weak signal was obtained for the buying of the stock index DAX 30, due to the crossing of signal lines at the level of 12432.0. Cancellation option of falling stock index quotes will sample cloud tops Ichimoku Kinko Hyo with closing quotations above the area of 12640.0, which will indicate the shift downward trend in favor of the rising. 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 12280.0.
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