Stock index Dow Jones is trading at 22331.6. Dow Jones is trading 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 22030.0 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 22680.0. Earlier, a medium strength signal was obtained for the buying of the Dow Jones stock index, due to the crossing of the signal lines at the level of 21860.0.
Stock index Dow Jones forecast on September 20, 2017
An additional signal in favor of an bullish trend will be a test of the support area. The cancellation of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 21750.0, which will indicate a shift 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 22580.0.
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