Stock index NASDAQ completes the trading week at 5650.3. NASDAQ continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the NASDAQ. The stock index is expected to fall near the level 5510.0, from which one should expect an attempt to grow and develop the bullish trend on the Stock index NASDAQ with the target of growth near the level 5860.0.
NASDAQ weekly forecast on May 22 — 26, 2017
Earlier, a strong signal was received for the buy Stock index NASDAQ, due to the crossing of the signal lines at the level of 5396.0. 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 quotations below the area of 5440.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the Stock index NASDAQ, with a breakdown of the local maximum area at the level of 5770.0.
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