The stock index Dow Jones completes the trading week at 21003.9. Dow Jones is trading above the upper boundary of the Ishimoku Cloud, indicating an upward trend in the Dow Jones. It is expected to test the upper boundary of the Ishimoku Cloud near the level of 20740.0, from which one should expect an attempt to grow and develop the bullish trend on the Dow Jones Exchange Index with the aim of growth to the level of 21660.0.
Ichimoku Kinko Hyo Dow Jones Forecast May 8 — 12, 2017
Earlier, a medium strength signal was obtained for the purchases of the Dow Jones Exchange Index, due to crossing of the signal lines at the level of 20734.0. The cancellation of the variant of growth will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 20470.0, which will indicate a change in the upward trend in favor of the downward trend. To expect the acceleration of the growth of quotations of the Dow Jones exchange rate is with the breakdown of the local maximum area at the level of 21300.0.
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