Currently uptrend should end around 131.785248 - 131.652390 area. A correction down to below 130.845703 is expected. A rise above 131.967163 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    elongated flat correction up

Key Points

  • Key Point131.75
  • Entry Point131.24
  • Trendline 1130.59
  • Trendline 2131.42
  • Elliott128.50
  • Closing131.34
  • Ex-Low130.67
  • Ex-High131.48
  • Projection132.13

Supports and Resistance levels

  • Support 1130.85
  • Support 2130.35
  • Resistance 1131.65
  • Resistance 2131.97
  • Pivot131.16

Currently uptrend should end around 129.983368 - 130.338013 area. A correction down to below 128.788330 is expected. A rise above 130.929001 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point130.46
  • Entry Point129.63
  • Trendline 1128.35
  • Trendline 2129.69
  • Elliott126.66
  • Closing129.75
  • Ex-Low128.42
  • Ex-High129.97
  • Projection130.34

Supports and Resistance levels

  • Support 1128.79
  • Support 2127.83
  • Resistance 1130.34
  • Resistance 2130.93
  • Pivot129.38

It may attempt a test higher to 129.849915 - 130.912872 after which weakness may set it to a drift down to 127.234558 limit.

Technical Forecast

  • Elliott Wave

    irregular flat correction down

Key Points

  • Key Point129.21
  • Entry Point129.25
  • Trendline 1130.11
  • Trendline 2128.77
  • Elliott133.49
  • Closing129.36
  • Ex-Low126.66
  • Ex-High130.34
  • Projection126.16

Supports and Resistance levels

  • Support 1127.23
  • Support 2125.11
  • Resistance 1130.91
  • Resistance 2132.47
  • Pivot128.79