Stock index Dow Jones is trading at the level of 21632.0. Dow Jones continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. The fall of quotations of the exchange’s index to the level of 21480.0 is expected, from which one should expect an attempt of growth and further development of the bullish trend on the stock exchange index with the target of growth near the level of 21865.0.
Stock index Dow Jones forecast on July 19, 2017
Previously, a strong signal was obtained for the buying of the Dow Jones exchange index, due to the crossing of the signal lines at the level of 21385.0. The cancellation of the growth of quotations of the exchange’s index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 21290.0, 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 is with the breakdown of the local maximum area at the level of 21800.0.
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