Stock index Dow Jones completes the trading week at 21138.7. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 20800.0, from which it is expected to try to grow and develop the bullish trend on the Dow Jones exchange’s index with the target of growth near the level of 21790.0.
Dow Jones weekly forecast June 5 — 9, 2017
Earlier, a strong signal was obtained for the buying of the Dow Jones exchange’s index, due to crossing of the signal lines at the level of 20804.0. The cancellation of the variant of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 20460.0, which will indicate the change of the bullish trend in favor of the 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 21520.0.
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