Stock index Dow Jones is trading at 21232.5. Dow Jones continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the stock index. The fall of quotations of the exchange’s index near the level of 21110.0 is expected, where we can expect an attempt of growth and further development of the bullish trend at the stock exchange index near the level of 21380.0.
Dow Jones forecast & signals on June 13, 2017
Earlier, we received a weak signal for buying of the Dow Jones exchange’s index, due to crossing of the signal lines at the level of 20793.0. 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 quotes below the area of 20860.0, 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 21330.0.
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