Stock index NASDAQ completes the trading week at the level of 5777.7. NASDAQ is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the Stock index. A test of the area of signal lines near the level of 5640.0 is expected, from which one should expect an attempt to grow and develop the bullish trend on NASDAQ exchange index with the purpose of growth near the level of 5910.0.
NASDAQ forecast on May 29, 2017 — June 2, 2017
Earlier, a strong signal was received for the buy the exchange index, due to the intersection of signal lines at the level of 5404.0. The cancellation 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 quotations below the area of 5440.0, 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 NASDAQ, with a breakdown of the local maximum area at the level of 5830.0.
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