While below 71.912498 - 72.074623 it is more likely to fall further towards 71.617317 or 71.484261. Premature rise above 72.074623 could see it rising above 72.340736 zone.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point72.00
  • Entry Point71.83
  • Trendline 171.47
  • Trendline 271.86
  • Elliott70.68
  • Closing71.81
  • Ex-Low71.43
  • Ex-High72.02
  • Projection72.58

Supports and Resistance levels

  • Support 171.48
  • Support 271.16
  • Resistance 172.07
  • Resistance 272.34
  • Pivot71.75

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