There are initial signs of a good corrective recovery towards 81.606247 or even 81.744492. Supports at 81.267120 and 81.066246 zone.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point81.15
  • Entry Point81.51
  • Trendline 181.29
  • Trendline 281.50
  • Elliott81.87
  • Closing81.34
  • Ex-Low81.19
  • Ex-High81.87
  • Projection81.07

Supports and Resistance levels

  • Support 181.07
  • Support 280.79
  • Resistance 181.74
  • Resistance 282.15
  • Pivot81.47

Market should not go lower than 80.094246 - 79.003891. After this move down it should go up to 81.744659 - 82.304710 area.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point79.24
  • Entry Point81.13
  • Trendline 183.18
  • Trendline 282.37
  • Elliott85.24
  • Closing80.12
  • Ex-Low80.06
  • Ex-High83.37
  • Projection77.19

Supports and Resistance levels

  • Support 179.00
  • Support 277.88
  • Resistance 182.30
  • Resistance 284.49
  • Pivot81.18