Current upmove should be ended around 82.53 - 82.88. Any correction consolidation should find support in 81.94 - 81.71 zone.

Technical Forecast

  • Elliott Wave

    impulse wave up 82.97

  • Trend Warning

    Warning: End of trend - Imminent end of bullish move

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point82.78
  • Entry Point82.20
  • Trendline 181.62
  • Trendline 281.92
  • Elliott80.59
  • Closing82.42
  • Ex-Low81.47
  • Ex-High82.64
  • Projection83.46

Supports and Resistance levels

  • Support 181.71
  • Support 281.01
  • Resistance 182.88
  • Resistance 283.35

Uptrend is still intact in a triangle configuration. It should continue to rally to 82.59 or 83.20 if support around 79.61 hold. After which a pullback to 79.61 - 78.59 zone is possible.

Technical Forecast

  • Elliott Wave

    crucial reversal point 80.36

  • Trend Warning

    Warning: Imminent end of bullish move - Engulfing pattern

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point85.15
  • Entry Point80.59
  • Trendline 178.04
  • Trendline 278.04
  • Elliott76.03
  • Closing81.14
  • Ex-Low76.03
  • Ex-High81.67
  • Projection83.87

Supports and Resistance levels

  • Support 177.56
  • Support 273.97
  • Resistance 183.20
  • Resistance 285.26

It should try higher up to 82.53 - 83.18. Entry point 81.88 or 81.50. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    extended impulse wave up 83.00

  • Trend Warning

    Warning: End of trend

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point83.22
  • Entry Point82.11
  • Trendline 181.16
  • Trendline 281.66
  • Elliott76.03
  • Closing82.42
  • Ex-Low80.59
  • Ex-High82.64
  • Projection83.00

Supports and Resistance levels

  • Support 181.12
  • Support 279.83
  • Resistance 183.18
  • Resistance 283.94