Stock index NASDAQ is trading at 6057. NASDAQ is trading above the upper bound of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the NASDAQ. Ichimoku Kinko Hyo signal line area test is near the level of 6015, where we can expect an attempt to grow and develop the bullish trend near the level of 6150.
NASDAQ forecast & analysis on October 11, 2017
Earlier, a strong signal was obtained for the buy NASDAQ stock index, due to crossing of the signal lines at 5850 level. quotations of the stock index will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the level of 5850, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations of the exchange’s index is with the breakdown of the level of 6080.