Current rise seems to be over near 162.0350 or 162.5167 for a retracement towards 161.5533 - 161.2300 area.

Technical Forecast

  • Elliott Wave

    flat correction up 162.9900

  • Trend Warning

    Warning: Imminent end of bullish move

Key Points

  • Key Point162.35
  • Entry Point161.24
  • Trendline 1160.42
  • Trendline 2161.16
  • Elliott159.75
  • Closing161.87
  • Ex-Low160.59
  • Ex-High162.20
  • Projection162.42

Supports and Resistance levels

  • Support 1160.91
  • Support 2159.94
  • Resistance 1162.52
  • Resistance 2163.16
  • Pivot161.55

Market should not go lower than 159.8800 - 157.9167. After this move down it should go up to 162.8900 - 163.9367 area.

Technical Forecast

  • Elliott Wave

    common flat resistance in downtrend 161.7500

  • Trend Warning

    Warning: Imminent end of bearish move

Key Points

  • Key Point158.94
  • Entry Point162.13
  • Trendline 1165.77
  • Trendline 2164.88
  • Elliott166.66
  • Closing160.01
  • Ex-Low159.75
  • Ex-High165.77
  • Projection155.68

Supports and Resistance levels

  • Support 1157.92
  • Support 2155.82
  • Resistance 1163.94
  • Resistance 2167.86
  • Pivot161.84

No comments available

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: Harami

Key Points

  • Key Point162.79
  • Entry Point164.80
  • Trendline 1166.87
  • Trendline 2165.67
  • Elliott167.73
  • Closing162.97
  • Ex-Low160.91
  • Ex-High166.66
  • Projection160.67

Supports and Resistance levels

  • Support 1160.37
  • Support 2157.76
  • Resistance 1166.12
  • Resistance 2169.26
  • Pivot163.51