The stock index NASDAQ is trading at 5645.7. The NASDAQ continues to trade above the upper boundary of the Ichimoku Cloud, indicating an upward trend in the NASDAQ. An attempt is expected to grow and develop the bullish trend on the NASDAQ exchange index near the level of 5700.0. Earlier, a weak signal was received for the purchases of the NASDAQ exchange Index, due to the intersection of signal lines at the level of 5379.0.
Ichimoku Kinko Hyo NASDAQ Forecast on May 9, 2017
The cancellation of the growth option will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 5550.0, which will indicate a shift in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations of the NASDAQ exchange index stands with the breakdown of the local maximum area at the level of 5670.0.
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