Currently uptrend should end around 76.704315 - 76.875900 area. A correction down to below 76.330070 is expected. A rise above 77.078552 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point76.88
  • Entry Point76.52
  • Trendline 176.16
  • Trendline 276.50
  • Elliott75.42
  • Closing76.67
  • Ex-Low76.19
  • Ex-High76.74
  • Projection77.02

Supports and Resistance levels

  • Support 176.33
  • Support 275.99
  • Resistance 176.88
  • Resistance 277.08
  • Pivot76.53

While below 76.227829 - 76.507332 it is more likely to fall further towards 75.698395 or 75.448479. Premature rise above 76.507332 could see it rising above 77.007172 zone.

Technical Forecast

  • Elliott Wave

    zigzag or flat correction

Key Points

  • Key Point76.57
  • Entry Point76.31
  • Trendline 175.39
  • Trendline 276.70
  • Elliott74.08
  • Closing76.01
  • Ex-Low75.39
  • Ex-High76.45
  • Projection76.44

Supports and Resistance levels

  • Support 175.45
  • Support 274.89
  • Resistance 176.51
  • Resistance 277.01
  • Pivot75.95

There is bearish potential for a fall to 74.709351 - 73.647980 while 75.770714 - 76.453850 resist. After this fall a recovery up to 76.453850 or 77.136986 is expected.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point74.64
  • Entry Point75.98
  • Trendline 176.09
  • Trendline 276.09
  • Elliott79.61
  • Closing75.01
  • Ex-Low74.40
  • Ex-High77.89
  • Projection71.45

Supports and Resistance levels

  • Support 173.65
  • Support 272.28
  • Resistance 177.14
  • Resistance 279.26
  • Pivot75.77