Preferred view is for a fall to 72.553757 - 72.433670 while 72.777252 - 72.880676 area resists. A clear break of 73.120842 would be bullish.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point72.70
  • Entry Point72.66
  • Trendline 172.63
  • Trendline 272.66
  • Elliott71.52
  • Closing72.64
  • Ex-Low72.47
  • Ex-High72.91
  • Projection73.33

Supports and Resistance levels

  • Support 172.43
  • Support 272.23
  • Resistance 172.88
  • Resistance 273.12
  • Pivot72.67

It may attempt a test higher to 72.354240 - 72.630989 after which weakness may set it to a drift down to below 71.669991 limit.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point72.23
  • Entry Point72.24
  • Trendline 172.48
  • Trendline 272.03
  • Elliott72.94
  • Closing72.22
  • Ex-Low71.52
  • Ex-High72.48
  • Projection71.92

Supports and Resistance levels

  • Support 171.67
  • Support 271.12
  • Resistance 172.63
  • Resistance 273.04
  • Pivot72.08