It should try higher up to 158.1000 - 158.7033. Entry point 157.4967 or 157.0050. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    extended impulse wave down 156.4743

  • Trend Warning

    Warning: End of trend

Key Points

  • Key Point158.06
  • Entry Point157.39
  • Trendline 1158.93
  • Trendline 2155.90
  • Elliott162.29
  • Closing157.72
  • Ex-Low156.29
  • Ex-High158.48
  • Projection155.28

Supports and Resistance levels

  • Support 1156.51
  • Support 2155.31
  • Resistance 1158.70
  • Resistance 2159.69
  • Pivot157.50

Current fall is near an end of wave around 159.8833 - 158.7267 zone, a rally should then procede to above 162.2433. Fall below 157.5233 would cancel this scenario.

Technical Forecast

  • Elliott Wave

    irregular flat correction down 159.8744

  • Trend Warning

    Warning: Harami

Key Points

  • Key Point159.56
  • Entry Point160.39
  • Trendline 1162.71
  • Trendline 2158.81
  • Elliott166.66
  • Closing161.04
  • Ex-Low159.93
  • Ex-High162.29
  • Projection158.72

Supports and Resistance levels

  • Support 1159.88
  • Support 2158.73
  • Resistance 1162.24
  • Resistance 2163.45
  • Pivot161.09

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