Stock index NASDAQ closed the trading month at 5878.9. NASDAQ is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the stock index. It is expected to test the area of signal lines near the level of 5570.0, from which one should expect an attempt to grow and develop the bullish trend on the stock exchange index with the target of growth near the level of 6280.0.
Index NASDAQ forecast for June 2017
Earlier, a strong signal was obtained for the stock index NASDAQ index buying, due to the intersection of signal lines at the level of 4314.0. The cancellation of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 4830.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of stock index NASDAQ with a breakdown of the local maximum area at the level of 6090.0.
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