The Dow Jones index is trading at 20563.0. Dow Jones continues to trade below the lower boundary of the Ichimoku Cloud, indicating a downward trend in the Dow Jones. An attempt is expected to drop and develop the bearish trend for the Dow Jones Exchange index from the level of 20570.0 in order to reduce the level of 20360.0. Earlier, a medium strength signal was obtained for the sale of the Dow Jones Exchange Index, due to the intersection of signal lines at 20890.0.
Ichimoku Forecast Dow Jones on March 29, 2017
The abolition of the decline option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 20810.0, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in the quotations of the Dow Jones exchange index, with the breakdown of the local minimum area at 20530.0.
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