Current rise seems to be over near 102.0000 or 102.7967 for a retracement towards 101.2033 - 100.7250 area.

Technical Forecast

  • Elliott Wave

    extended impulse wave up 102.8680

  • Trend Warning

    Warning: Imminent end of bullish move

Key Points

  • Key Point102.80
  • Entry Point101.20
  • Trendline 199.61
  • Trendline 2100.40
  • Elliott98.82
  • Closing101.84
  • Ex-Low99.61
  • Ex-High102.16
  • Projection103.70

Supports and Resistance levels

  • Support 1100.25
  • Support 298.65
  • Resistance 1102.80
  • Resistance 2103.75
  • Pivot101.20

It looks more likely that it would rise to 100.6567 - 102.0833 from 98.9000 or 98.1867. After which a downside move is expected.

Technical Forecast

  • Elliott Wave

    crucial reversal point

Key Points

  • Key Point100.05
  • Entry Point100.02
  • Trendline 198.57
  • Trendline 2101.40
  • Elliott95.74
  • Closing99.23
  • Ex-Low98.57
  • Ex-High101.04
  • Projection100.65

Supports and Resistance levels

  • Support 198.19
  • Support 297.14
  • Resistance 1100.66
  • Resistance 2102.08
  • Pivot99.61

Current fall is near an end of wave around 95.5600 zone, a rally should then procede to above 104.0000. Fall below 91.4300 would cancel this scenario.

Technical Forecast

  • Elliott Wave

    crucial reversal point

Key Points

  • Key Point98.40
  • Entry Point100.50
  • Trendline 1104.08
  • Trendline 299.76
  • Elliott117.94
  • Closing99.69
  • Ex-Low95.74
  • Ex-High104.18
  • Projection91.04

Supports and Resistance levels

  • Support 195.56
  • Support 291.43
  • Resistance 1104.00
  • Resistance 2108.31
  • Pivot99.87