Stock index Dow Jones is trading at 25270.4. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Dow Jones. The stock index is expected to drop to the level of 25110.0, from which it is expected to try to grow and further develop the bullish trend on the stock market index with the target of growth near the level of 25780.0.
Dow Jones forecast & analysis on January 10, 2018
Previously, a strong signal was obtained for the buy of the Dow Jones exchange index, due to crossing of the signal lines at the level of 24780.0. 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 24700.0, which will indicate a change in the bullish trend in favor of a 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 25700.0.