Dow Jones index is trading at 21576.5. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. Drop in the stock index of quotations is expected to the level of 21510.0, where we can expect an attempt to growth and further development of the bullish trend on stock market indices in order to increase near the level of 21870.0.
Analysis and forecast Dow Jones on July 20, 2017
Previously, a strong signal was obtained for the buying of the Dow Jones stock index, due to the crossing of the signal lines at the level of 21385.0. An additional signal in favor of the bullish trend will be a test of the support area. Cancellation option growth stock index quotes will sample cloud base Ichimoku Kinko Hyo with closing quotations below 21270.0 field that indicates to replace the bullish trend in favor bearish. Expect to accelerate the growth of quotations of the stock index Dow Jones stands with the breakdown of the local maximum area at the level of 21770.0.
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