Currently uptrend should end around 156.7600 - 157.3867 area. A correction down to 155.6850 - 155.2367 is expected. A rise above 158.2833 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    flat correction up 157.6675

  • Trend Warning

    Warning: End of trend

Key Points

  • Key Point157.03
  • Entry Point155.76
  • Trendline 1154.79
  • Trendline 2155.43
  • Elliott154.06
  • Closing156.49
  • Ex-Low154.88
  • Ex-High157.03
  • Projection157.03

Supports and Resistance levels

  • Support 1155.24
  • Support 2153.98
  • Resistance 1157.39
  • Resistance 2158.28
  • Pivot156.13

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Technical Forecast

  • Elliott Wave

    flat correction down 153.9625

  • Trend Warning

    Warning: Low Zone

Key Points

  • Key Point155.20
  • Entry Point157.00
  • Trendline 1158.71
  • Trendline 2157.93
  • Elliott159.49
  • Closing155.79
  • Ex-Low154.06
  • Ex-High158.71
  • Projection152.12

Supports and Resistance levels

  • Support 1153.66
  • Support 2151.54
  • Resistance 1158.31
  • Resistance 2160.84
  • Pivot156.19

It should test 158.3500 area after which a sell off down to 152.1767 or extended to 146.1733 area is expected.

Technical Forecast

  • Elliott Wave

    crucial reversal point

Key Points

  • Key Point159.01
  • Entry Point161.34
  • Trendline 1164.58
  • Trendline 2161.48
  • Elliott167.73
  • Closing158.18
  • Ex-Low152.12
  • Ex-High164.07
  • Projection149.26

Supports and Resistance levels

  • Support 1152.18
  • Support 2146.17
  • Resistance 1164.13
  • Resistance 2170.07
  • Pivot158.12