Current fall is near an end of wave around 115.199913 zone, a rally should then procede to above 116.342003. Fall below 114.629326 would cancel this scenario.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point115.77
  • Entry Point115.53
  • Trendline 1116.34
  • Trendline 2115.15
  • Elliott117.53
  • Closing115.77
  • Ex-Low115.20
  • Ex-High116.34
  • Projection115.08

Supports and Resistance levels

  • Support 1115.20
  • Support 2114.63
  • Resistance 1116.34
  • Resistance 2116.91
  • Pivot115.77

It looks set for gains to 118.698128. Supports at 116.028061 and 115.169495. A break of 113.357986 will damage this bullish structure.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point117.12
  • Entry Point116.10
  • Trendline 1116.89
  • Trendline 2116.89
  • Elliott115.08
  • Closing116.98
  • Ex-Low115.08
  • Ex-High118.60
  • Projection118.60

Supports and Resistance levels

  • Support 1115.17
  • Support 2113.36
  • Resistance 1118.70
  • Resistance 2120.42
  • Pivot116.89

One move lower to 113.724556 or 110.414627 is anticipated while below 117.849518 - 119.504486 area. Stop loss above 121.974487 zone.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point122.79
  • Entry Point117.18
  • Trendline 1108.91
  • Trendline 2124.57
  • Elliott99.55
  • Closing117.03
  • Ex-Low112.88
  • Ex-High118.66
  • Projection121.81

Supports and Resistance levels

  • Support 1113.72
  • Support 2110.41
  • Resistance 1119.50
  • Resistance 2121.97
  • Pivot116.19