Stock Index Dow Jones is trading at 21316.4. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 21220.0, from which one should expect an attempt at growth and further development of the bullish trend on the stock exchange index with a target to growth near the level of 21680.0.
Index Dow Jones Forecast & Analysis on June 29, 2017
Earlier, a weak signal was obtained for the purchases of the Dow Jones exchange index, due to crossing of the signal lines at the level of 20793.0. The cancellation of the growth of the quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 21130.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the stock index Dow Jones stands with the breakdown of the local maximum area at the level of 21610.0.
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