The stock index NASDAQ closed the trading week at 5358.3. 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 upper boundary of the Ichimoku Cloud near the level of 5220.0, from which one should expect an attempt to grow and develop the bullish trend on the NASDAQ Stock Market Index with the aim of increasing the level of 5500.0.
Ichimoku Kinko Hyo NASDAQ Forecast on April 17 — 21, 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 5380.0. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 5200.0, which will indicate a shift in the upward trend in favor of the downward trend. Expect the acceleration of the growth of quotations of the NASDAQ Stock Index with the breakdown of the local maximum area at the level of 5450.0.
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