Dow Jones forecast on May 29, 2017 — June 2, 2017


Stock index Dow Jones completes the trading week at 21081.9. Dow Jones continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the Dow Jones. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 20770.0, from which one should expect an attempt to grow and develop the bullish trend on the Stock index Dow Jones with the purpose of growth near the level of 21540.0.

Dow Jones forecast on May 29, 2017 — June 2, 2017

Dow Jones forecast on May 29, 2017 — June 2, 2017

Earlier, a medium strength signal was obtained for the buy of the exchange index, due to crossing of the signal lines at the level of 20773.0. 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 ​​20450.0, 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 stands with the breakdown of the local maximum area at the level of 21300.0.


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