Stock index Dow Jones is trading at the level of 21382.3. Dow Jones continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. It is expected to test the area of signal lines near the level of 21280.0, 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 21610.0.
Dow Jones forecast & signals on June 20, 2017
Earlier, we received a weak signal for buying of the stock index Dow Jones, 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 20880.0, 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 is with the breakdown of the local maximum area at 21520.0.
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