It looks set for gains to 144.395584. Supports at 143.647736 and 143.469696. A break of 142.899902 will damage this bullish structure.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point144.36
  • Entry Point143.76
  • Trendline 1143.98
  • Trendline 2143.82
  • Elliott142.85
  • Closing144.04
  • Ex-Low143.26
  • Ex-High144.18
  • Projection144.50

Supports and Resistance levels

  • Support 1143.47
  • Support 2142.90
  • Resistance 1144.40
  • Resistance 2144.75
  • Pivot143.83

There are initial signs of a good corrective recovery towards 145.261871 or even 145.507523. Supports at 144.603973 and 144.191727 zone.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point143.77
  • Entry Point144.41
  • Trendline 1144.70
  • Trendline 2145.73
  • Elliott149.49
  • Closing144.68
  • Ex-Low144.52
  • Ex-High145.84
  • Projection142.78

Supports and Resistance levels

  • Support 1144.19
  • Support 2143.70
  • Resistance 1145.51
  • Resistance 2146.33
  • Pivot145.02

It looks more likely that it would rise to 148.109451 - 151.535934 from 144.352753 or 142.639511. After which a downside move is expected.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point142.61
  • Entry Point147.12
  • Trendline 1144.57
  • Trendline 2145.40
  • Elliott149.72
  • Closing144.68
  • Ex-Low144.02
  • Ex-High149.49
  • Projection139.90

Supports and Resistance levels

  • Support 1142.64
  • Support 2140.60
  • Resistance 1148.11
  • Resistance 2151.54
  • Pivot146.07