Stock index Dow Jones is trading at the level of 21325.2. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. It is expected to test the area of signal lines near the level of 21200.0, from which one should expect an attempt of growth and further development of the bullish trend on the stock exchange index with the first target near the level of 21520.0.
Dow Jones forecast and analysis on June 15, 2017
Earlier, we received a weak signal for buying of the Stock index of Dow Jones, due to crossing of the signal lines at the level of 20793.0. The cancellation of the growth of quotations of the exchange’s 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 20820.0, 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 Dow Jones stands with the breakdown of the local maximum area at the level of 21460.0.
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