NASDAQ index is trading at 5592.4. The NASDAQ is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the NASDAQ. The growth of quotations of the stock index near the level of 5650.0 is expected, from which one should expect an attempt to drop and develop the bearish trend on the NASDAQ stock exchange index with the target of reducing near the level of 5420.0.
Stock index NASDAQ forecast on July 6, 2017
Previously, a strong signal was obtained for the NASDAQ exchange index sales, due to the crossing of the signal lines at the level of 5720.0. Cancellation of the variant of falling quotations of the stock index will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 5790.0, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations of NASDAQ’s stock index, with a breakdown of the local minimum area at 5460.0.
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