Stock index NASDAQ is trading at 5679.7. NASDAQ broke through the Cloud of Ichimoku Kinko Hyo and began to trade below its lower limit, which indicates the presence of a bearish trend in the NASDAQ. Ichimoku Kinko Hyo Cloud near the level of 5690.0 is expected to test the lower boundary of the Cloud, from which one should expect an attempt to drop and develop a bearish trend on the NASDAQ exchange index with the target of reducing near the level of 5520.0.
NASDAQ forecast & signals on June 20, 2017
Earlier, a weak signal was received for the sale of the NASDAQ exchange index, due to the crossing of the signal lines at the level of 5769.0. The cancellation of 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 5800.0, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations of stock index NASDAQ, with a breakdown of the local minimum area at 5550.0.
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