Stock index NASDAQ completes the trading week at the level of 5914.2. The NASDAQ is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the NASDAQ. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 5850.0, from which one should expect an attempt to grow and develop the bull trend on the NASDAQ exchange index with the target of growth near the level of 6150.0.
NASDAQ weekly forecast on September 11 — 15, 2017
Earlier, a strong signal was received for the NASDAQ exchange index buying, due to the crossing of signal lines at the level of 5870.0. Cancellation of the variant of growth of 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 area of 5700.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of NASDAQ stock index with a breakdown of the local maximum area at the level of 6100.0.