If market stays below 71.320000 a fall to 70.877586 is expected. If market breaks the point 71.532707 it could reach the sky.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point71.60
  • Entry Point71.14
  • Trendline 171.28
  • Trendline 271.23
  • Elliott70.68
  • Closing71.30
  • Ex-Low70.68
  • Ex-High71.34
  • Projection71.85

Supports and Resistance levels

  • Support 170.88
  • Support 270.45
  • Resistance 171.53
  • Resistance 271.76
  • Pivot71.11

Market should not go lower than 70.731812 - 70.357452. After this move down it should go up to 71.315933 - 71.525711 area.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point70.28
  • Entry Point70.82
  • Trendline 171.33
  • Trendline 271.58
  • Elliott75.96
  • Closing70.78
  • Ex-Low70.69
  • Ex-High71.85
  • Projection63.48

Supports and Resistance levels

  • Support 170.36
  • Support 269.94
  • Resistance 171.53
  • Resistance 272.27
  • Pivot71.11

Market should not go lower than 68.830414. After this move down it should go up to 73.241791 area.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point69.00
  • Entry Point71.83
  • Trendline 174.40
  • Trendline 272.89
  • Elliott76.78
  • Closing70.78
  • Ex-Low70.69
  • Ex-High74.43
  • Projection69.52

Supports and Resistance levels

  • Support 169.50
  • Support 268.22
  • Resistance 173.24
  • Resistance 275.71
  • Pivot71.96