Stock index Dow Jones completes the trading week at 20802.3. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Stock index Dow Jones. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 20660.0, from which one should expect an attempt to grow and develop the bullish trend on the Stock index Dow Jones with the target of growth near the level 21400.0.
Dow Jones weekly forecast on May 22 — 26, 2017
Earlier, a medium strength signal was obtained for the buy of the Stock index Dow Jones, due to the crossing of the signal lines at the level of 20708.0. 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 20520.0, 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 21260.0.
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