The stock index Dow Jones is trading at 20745.6. Dow Jones broke through the Ichimoku Cloud and began to trade above its upper limit, indicating an upward trend in the Dow Jones. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 20670.0, from which one should expect an attempt to fall and develop a bullish trend for the pair with a view to growth near the level of 20930.0.
Ichimoku Kinko Hyo forecast Dow Jones on April 25, 2017
Earlier, a weak signal was obtained for the purchases of the Dow Jones Exchange Index, due to the intersection of signal lines at 20510.0. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 20510.0, which will indicate a shift in the upward trend in favor of a downward trend. Expect the acceleration of the growth of quotations of the Dow Jones Stock Exchange index, with the breakdown of the local maximum area at the level of 20800.0.
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