Current rise should end around 149.069611. Objectives of this downmove are 147.970139 or 147.333771. A rise above 149.532715 is again bullish.

Technical Forecast

  • Elliott Wave

    extended impulse wave up

Key Points

  • Key Point149.09
  • Entry Point148.69
  • Trendline 1147.80
  • Trendline 2148.78
  • Elliott146.81
  • Closing148.61
  • Ex-Low147.80
  • Ex-High148.90
  • Projection149.01

Supports and Resistance levels

  • Support 1147.97
  • Support 2147.33
  • Resistance 1149.07
  • Resistance 2149.53
  • Pivot148.43

It should be subject to more sell off towards 145.973663 or 145.673370. Corrective upward swings should face resistance around 148.205170 area. A break of 147.957886 is bullish.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point147.61
  • Entry Point146.75
  • Trendline 1145.19
  • Trendline 2146.60
  • Elliott143.78
  • Closing146.76
  • Ex-Low145.19
  • Ex-High146.87
  • Projection148.12

Supports and Resistance levels

  • Support 1145.67
  • Support 2144.59
  • Resistance 1147.36
  • Resistance 2147.96
  • Pivot146.27

It should test 146.839478 area after which a sell off down to 143.980499 or extended to 141.714005 area is expected.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point145.16
  • Entry Point145.68
  • Trendline 1147.13
  • Trendline 2145.25
  • Elliott153.86
  • Closing146.25
  • Ex-Low143.78
  • Ex-High148.12
  • Projection95.36

Supports and Resistance levels

  • Support 1143.98
  • Support 2141.71
  • Resistance 1148.32
  • Resistance 2150.38
  • Pivot146.05