Dow Jones forecast & analysis on October 30, 2017


Stock index Dow Jones is trading at 23419. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Dow Jones. The Ichimoku Kinko Hyo signal line area test is expected near the level of 23350, from which it is expected to attempt a growth and further development of the bullish trend for the purpose of growth near the area of ​​23850. Earlier, a medium strength signal was obtained for the buy of the Dow Jones exchange index, due to crossing of the signal lines at level 21860.

Dow Jones forecast & analysis on October 30, 2017

Dow Jones forecast & analysis on October 30, 2017

An additional signal in favor of the growth of the index will be a test of the lower boundary of the uplink. The cancellation of the variant of the growth of quotations of the stock 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 ​​22750, 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 stands with the breakdown of the area 23450.


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