Stock index DAX 30 forecast on June 26 — 30, 2017


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Stock index DAX 30 completes the trading week at the level of 12706.5. DAX 30 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the DAX 30. A test of the Ichimoku Kinko Hyo Cloud’s upper boundary is expected near the level of 12570.0, from which one should expect an attempt to grow and develop a bullish trend for the DAX 30 growth near the level of 13170.0.

Stock index DAX 30 forecast on June 26 — 30, 2017

Stock index DAX 30 forecast on June 26 — 30, 2017

Previously, a strong signal was obtained for the DAX 30 exchange index buying, due to crossing of the signal lines at the level of 12612.0. Cancellation of the variant of growth of quotations of the stock index will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of ​​12250.0, 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 exchange index DAX 30 stands with the breakdown of the local maximum area at the level of 13000.0.


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