Stock Index NASDAQ is trading at 5671.8. NASDAQ broke through the Cloud of Ichimoku Kinko Hyo and began to trade below its lower limit, indicating a bearish trend in the NASDAQ. Ichimoku Kinko Hyo Cloud is expected to test near the level of 5730.0, from which one should expect an attempt to drop and develop a bearish trend on the NASDAQ stock exchange index in order to decrease near the level of 5510.0.
Index NASDAQ Forecast & Analysis on June 29, 2017
Earlier, a medium strength signal was obtained for the NASDAQ exchange index sales, by crossing the signal lines at the level of 5765.0. Canceling the variant of falling quotations of the stock index will be the breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 5830.0, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations of NASDAQ stock index, with a breakdown of the local minimum area at 5560.0.
