Stock index Dow Jones is trading at 20662.7. Dow Jones is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dow Jones. The stock index is expected to grow near the level of 20780.0, from which it is expected to try to fall and further develop the bearish trend at the Dow Jones near the level of 20420.0.
Dow Jones forecast & analysis on May 22, 2017
Earlier, a signal of medium strength was obtained for the sale of the Stock index Dow Jones, due to the crossing of the signal lines at the level of 20898.0. Cancellation of the falling quotations of the Stock index Dow Jones will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 20850.0, which will indicate the change of the downward trend in favor of the ascending trend. Expect to accelerate the fall in the quotations of the Dow Jones exchange index, with a breakdown of the local minimum area at 20500.0.
