The stock index DOW JONES completes the trading week at 20948.6. Dow Jones broke through the Ichimoku Cloud and began to trade above its upper limit, indicating an upward trend in the Dow Jones. It is expected to test the upper limit of the Ichimoku Cloud near the level of 20800.0, from which one should expect an attempt to grow and develop the bullish trend on the Dow Jones Exchange Index with the aim of growth to the level of 21490.0.
Ichimoku Kinko Hyo DOW JONES Forecast May 1 — 5, 2017
Earlier, a weak signal was received for the sale of the Dow Jones Exchange Index, due to the intersection of the signal lines at the level of 20866.0. 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 20300.0, which will indicate a change in the upward trend in favor of a downward trend. To expect the acceleration of the growth of quotations of the Dow Jones exchange index stands with the breakdown of the local maximum area at the level of 21130.0.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
