There are initial signs of a good corrective recovery towards 74.762657 or even 75.133789. Supports at 74.288910 and 74.103348 zone.

Technical Forecast

  • Elliott Wave

    elongated flat correction up

Key Points

  • Key Point74.33
  • Entry Point74.29
  • Trendline 174.20
  • Trendline 274.32
  • Elliott73.50
  • Closing74.39
  • Ex-Low74.19
  • Ex-High74.85
  • Projection74.83

Supports and Resistance levels

  • Support 174.10
  • Support 273.82
  • Resistance 174.76
  • Resistance 275.13
  • Pivot74.47

Current rise should end around 74.313751. Objectives of this downmove are 73.742126 or 73.447250. A rise above 74.590500 is again bullish.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point74.11
  • Entry Point73.88
  • Trendline 173.85
  • Trendline 274.27
  • Elliott75.67
  • Closing74.04
  • Ex-Low73.72
  • Ex-High74.30
  • Projection73.24

Supports and Resistance levels

  • Support 173.74
  • Support 273.45
  • Resistance 174.31
  • Resistance 274.59
  • Pivot74.02

There are initial signs of a good corrective recovery towards 74.855408 or even 75.353790. Supports at 73.698624 and 73.040230 zone.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point74.33
  • Entry Point74.27
  • Trendline 173.41
  • Trendline 274.98
  • Elliott69.96
  • Closing74.04
  • Ex-Low73.36
  • Ex-High75.67
  • Projection76.29

Supports and Resistance levels

  • Support 173.04
  • Support 272.04
  • Resistance 175.35
  • Resistance 276.67
  • Pivot74.36