Stock index NASDAQ completes the trading week at 5674.1. The NASDAQ is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the NASDAQ. A test of the signal line area near the level of 5550.0 is expected, from which one should expect an attempt to grow and develop the bullish trend on the Stock Index NASDAQ with a view to growth near the level of 5810.0.
NASDAQ forecast for the week May 15 — 19, 2017
Earlier, a strong signal was received for the purchases of the Stock Index NASDAQ, due to the intersection of the signal lines at the level of 5396.0. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 5390.0, which will indicate a change in the upward trend in favor of the downward trend. Expect the acceleration of the growth of quotations of the NASDAQ index with the breakdown of the local maximum area at the level of 5700.0.
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