The stock index NASDAQ is traded at the level of 5549.8. The NASDAQ continues to trade above the upper boundary of the Ichimoku Cloud, indicating an upward trend in the NASDAQ. It is expected to test the area of signal lines near the level of 5510.0, from which one should expect an attempt to grow and develop the bullish trend at the NASDAQ exchange index near the level of 5580.0.
Ichimoku Kinko Hyo forecast NASDAQ on April 27, 2017
Earlier, a weak signal was received for the purchases of the NASDAQ Stock Index, due to the intersection of signal lines at the level of 5381.0. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 5430.0, which will indicate a shift in the upward trend in favor of a downward trend. Expect the acceleration of the growth of quotations of the NASDAQ Stock Index with the breakdown of the local maximum area at 5555.0.
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