It looks set to visit further lower territory down to around 78.04. Its corrective attempts should fail ahead of 78.30. Stop loss above 78.46 zone.

Technical Forecast

  • Elliott Wave

    flat correction down 77.93

  • Trend Warning

    Warning: Harami

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point78.01
  • Entry Point77.97
  • Trendline 178.02
  • Trendline 277.95
  • Elliott79.22
  • Closing78.13
  • Ex-Low78.11
  • Ex-High78.37
  • Projection77.93

Supports and Resistance levels

  • Support 178.04
  • Support 277.94
  • Resistance 178.30
  • Resistance 278.46

It looks more likely that it would rise to 78.89 - 79.65 from 78.07 or 77.69. After which a downside move is expected.

Technical Forecast

  • Elliott Wave

    flat correction down 77.65

  • Trend Warning

    Warning: End of trend

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point77.63
  • Entry Point78.43
  • Trendline 178.02
  • Trendline 278.92
  • Elliott79.22
  • Closing78.13
  • Ex-Low78.02
  • Ex-High79.22
  • Projection77.13

Supports and Resistance levels

  • Support 177.69
  • Support 277.26
  • Resistance 178.89
  • Resistance 279.65

No comments available

Technical Forecast

  • Elliott Wave

    irregular flat correction down 76.97

  • Trend Warning

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point78.78
  • Entry Point79.04
  • Trendline 179.51
  • Trendline 279.22
  • Elliott80.62
  • Closing78.29
  • Ex-Low77.91
  • Ex-High79.66
  • Projection75.84

Supports and Resistance levels

  • Support 177.58
  • Support 276.87
  • Resistance 179.33
  • Resistance 280.37