Stock index Dow Jones is trading at the level of 21482.0. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dow Jones. Ichimoku Kinko Hyo Cloud is expected to test near the level of 21370.0, 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 21770.0.
Dow Jones forecast & analysis on July 5, 2017
Earlier, a weak signal was received for the sale of the Dow Jones exchange index, due to crossing of the signal lines at the level of 21362.0. 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 21140.0, which will indicate the change of 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 21670.0.
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