Stock index Dow Jones is trading at the level of 21196.0. 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 21040.0, from which one should expect an attempt of growth and further development of the bullish trend at the stock index near the level of 21380.0.
Dow Jones forecast & analysis on June 5, 2017
Earlier, we received a weak signal for buying of the Dow Jones exchange’s index, due to crossing of the signal lines at the level of 20793.0. The cancellation of the growth of the quotations of the stock index will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 20710.0, 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 is with the breakdown of the local maximum area at the level of 21320.0.
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