It should try higher up to 34.31 - 34.70. Entry point 33.92 or 33.66. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: Engulfing pattern

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point34.62
  • Entry Point33.76
  • Trendline 133.76
  • Trendline 233.76
  • Elliott32.48
  • Closing34.20
  • Ex-Low33.13
  • Ex-High34.42
  • Projection35.59

Supports and Resistance levels

  • Support 133.41
  • Support 232.63
  • Resistance 134.70
  • Resistance 235.20

Market should hold major support at 32.04 before rising towards 35.25 or even 36.30 limit.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: End of trend

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point34.69
  • Entry Point33.53
  • Trendline 134.91
  • Trendline 232.32
  • Elliott37.51
  • Closing34.20
  • Ex-Low32.48
  • Ex-High34.91
  • Projection32.66

Supports and Resistance levels

  • Support 132.82
  • Support 231.44
  • Resistance 135.25
  • Resistance 236.30

Should test support at 32.39 while below 34.68. If support at 32.39 holds it can rise up to 37.24, if not it should fall to below 30.10 zone.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point33.79
  • Entry Point35.65
  • Trendline 131.13
  • Trendline 237.40
  • Elliott37.51
  • Closing34.68
  • Ex-Low32.66
  • Ex-High37.51
  • Projection30.50

Supports and Resistance levels

  • Support 132.39
  • Support 230.10
  • Resistance 137.24
  • Resistance 239.80