The stock index NASDAQ is trading at 5677.6. The NASDAQ continues to trade above the upper boundary of the Ichimoku Cloud, indicating an upward trend in the NASDAQ. The fall of quotations of the exchange’s index near the level of 5645 is expected, from which one should expect an attempt to grow and develop the bullish trend on the NASDAQ exchange index near the level of 5730.0.
Technical analysis NASDAQ & forecast on May 11, 2017
Earlier, a weak signal was received for the purchases of the NASDAQ Exchange Index, due to the intersection of the signal lines at the level of 5379.0. Cancellation of the variant of growth of quotations of the stock index will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 5570.0, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations of the NASDAQ stock index, with the breakdown of the local maximum area at the level of 5695.0.
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