The statement of the head of European Central Bank Mario Draghi is followed by positive trade at US exchanges. Strong statistical data from US labour market is another reason of such growth. The Central Bank has approved buying out unlimited number of bonds, as stated by Draghi.
In the course of trading session Dow Jones Industrial Average index has risen by 1.1 percent – to 1418.62 points. Standard & Poor's 500 has risen by 1.1 percent, having amounted to 1380.63 points. Nasdaq Composite has added 1.04 percent, having reached 3101.15 points.
The chart below reflects the current state of affairs with Dow Jones Industrial Average index: it is showing a cleardiagonal structure, which may become a lead-in unit of a new trend or a triangular correctional wave. At this point wave [b] is expected to be formed; when it is over, decline to point 12974 and below will follow.
