The stock index Dow Jones benchmark is trading at 20948.6. Dow Jones continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the Dow Jones. The fall of quotations of the exchange’s index near the level of 20870.0 is expected, from which one should expect an attempt of growth and development of the bullish trend on the stock exchange index with the purpose of growth near the level of 21120.0.
Ichimoku Kinko Hyo DOW JONES forecast on May 1, 2017
Earlier, a weak signal was received for the purchases of the Dow Jones Exchange Index, due to the intersection of signal lines at 20513.0. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 20660.0, which will indicate a change in the upward trend in favor of a downward trend. Expect the acceleration of the growth of quotations of the Dow Jones exchange rate with the breakdown of the local maximum area at the level of 21030.0.
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