The stock index Dow Jones is trading at 20685.2. Dow Jones continues to trade below the lower boundary of the Ichimoku Cloud, indicating a downward trend in the Dow Jones. It is expected to test the area of signal lines near the level of 20710.0, from which one should expect an attempt to drop and develop a bearish trend at the Dow Jones Stock index with a view to lower near the level of 20470.0.
Ichimoku Kinko Hyo Dow Jones forecast on March 27, 2017
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. 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. To expect the acceleration of the fall in the quotes of the Dow Jones index is worth a breakdown of the local minimum area at 20650.0.
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