Stock index NASDAQ is trading at 6045. NASDAQ is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the NASDAQ. Ichimoku Kinko Hyo Cloud is expected to test near the level of 6010, from which we can expect an attempt to grow and develop a bullish trend near the level of 6180.
NASDAQ forecast & analysis on October 30, 2017
Earlier, we received a weak signal for sell of the NASDAQ exchange index, due to crossing of the signal lines at the level of 6080. Cancellation of the growth variant quotations of the stock index will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes below the level of 5950, which indicates the change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the stock index is with the breakdown of the level of 6150.
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