Stock index Dow Jones is trading at 22755. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. Ichimoku Kinko Hyo signal line area test is near the level of 22650, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near the area 23050. Earlier, a signal of medium strength for buying the Dow Jones stock index was obtained, due to crossing of the signal lines at level 21860.
Dow Jones forecast & analysis on October 11, 2017
An additional signal in favor of the growth of the index will be a test of the lower boundary of the uplink. 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 quotes below the area of 22190, 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 area 22850.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
