Stock index Dow Jones is trading at 20936.7. Dow Jones is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the Dow Jones. Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 20920.0, from which one should expect an attempt of growth and further development of the bullish trend on the Stock index Dow Jones near the level of 21145.0.
Technical analysis & forecast Dow Jones on May 25, 2017
Earlier, a signal of medium strength was obtained for the sale of the Stock index Dow Jones, due to the crossing of signal lines at 20865.0. Cancellation of the 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 20740.0, which will indicate a change in the upward trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the Stock index Dow Jones stands with the breakdown of the local maximum area at the level of 21100.0.
