Stock index Dow Jones is trading at the level of 21643.3. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. The fall of quotations of the stock index to the level of 21490.0 is expected, from which one should expect an attempt of growth and further development of the bullish trend on the stock exchange index with the target of growth near the level of 21840.0.
Dow Jones forecast & analysis on July 18, 2017
Previously, a strong signal was obtained for the purchases of the Dow Jones exchange index, due to the crossing of the signal lines at the level of 21385.0. The cancellation of the growth of quotations of the stock 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 21200.0, which will indicate a change in the bullish trend in favor of a 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 21755.0.
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