Stock index Dow Jones is trading at 20802.3. Dow Jones is trading within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend on the Dow Jones. Ichimoku Kinko Hyo Cloud near the level of 20850.0 is expected to test the bottom of the cloud, from which one should expect an attempt to fall and further develop the bearish trend at the Stock index Dow Jones near the level 20580.0.
Dow Jones forecast & analysis on May 23, 2017
Earlier, a signal of medium strength was obtained for the sale of the Stock index Dow Jones, due to the crossing of signal lines at 20865.0. Cancellation of the falling quotations of the Stock index Dow Jones will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 20850.0, 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 index Dow Jones is with the breakdown of the local minimum area at 20650.0.
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