Stock index Dow Jones is trading at 22294.1. 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 exchange’s index to the level of 22130.0 is expected, from which one should expect an attempt of growth and further development of the bullish trend on the stock index with the target of growth near the level of 22630.0. Earlier, a medium strength signal was obtained for the buy of the Dow Jones exchange index, due to crossing of the signal lines at the level of 21860.0.
Dow Jones forecast & analysis on September 26, 2017
An additional signal in favor of an bullish trend will be a test of the support area. 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 21900.0, 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 22570.0.
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