The stock index Dow Jones is trading at 21003.9. Dow Jones continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the Dow Jones. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 20960.0, from which one should expect an attempt to grow and develop the bullish trend on the stock exchange index with the purpose of growth near the level of 21140.0.
Ichimoku Kinko Hyo Dow Jones Forecast on May 9, 2017
Earlier, a weak signal was received for the sale of the Dow Jones Exchange Index, due to the intersection of the signal lines at the level of 20945.0. The cancellation of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 20855.0, which will indicate a shift in the upward trend in favor of the downward trend. Expect the acceleration of the growth of quotations of the Dow Jones exchange rate with the breakdown of the local maximum area at the level of 21100.0.
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