The stock index Dow Jones completes the trading week at 20917.9. 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 20760.0, from which one should expect an attempt to grow and develop the bullish trend on the Dow Jones Stock Index with a view to growth near the level of 21450.0.
Dow Jones forecast for the week May 15 — 19, 2017
Earlier, a medium strength signal was obtained for the purchases of the Dow Jones Exchange Index, due to the intersection of the signal lines at the level of 20708.0. The cancellation of the growth option will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 20400.0, which will indicate a change in the upward trend in favor of the downward trend. To expect the acceleration of the growth of quotations of the Dow Jones exchange rate is with the breakdown of the local maximum area at the level of 21120.0.
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