It is likely to fall towards 14.105250 - 14.021327 as its corrective rally could falter in 14.258511 - 14.327847 area. Stop above 14.495694 zone.

Technical Forecast

  • Elliott Wave

    irregular flat correction down

Key Points

  • Key Point14.18
  • Entry Point14.26
  • Trendline 114.37
  • Trendline 214.32
  • Elliott14.40
  • Closing14.16
  • Ex-Low14.05
  • Ex-High14.36
  • Projection13.90

Supports and Resistance levels

  • Support 114.02
  • Support 213.88
  • Resistance 114.33
  • Resistance 214.50
  • Pivot14.19

Market should not go lower than 14.105251 - 13.993873. After this move down it should go up to 14.299694 - 14.382758 area.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point14.08
  • Entry Point14.23
  • Trendline 114.44
  • Trendline 214.29
  • Elliott14.59
  • Closing14.16
  • Ex-Low14.05
  • Ex-High14.44
  • Projection13.89

Supports and Resistance levels

  • Support 113.99
  • Support 213.83
  • Resistance 114.38
  • Resistance 214.61
  • Pivot14.22

There is bearish potential for a fall to 13.728986 while 14.322263 - 14.537769 resist. After this fall a recovery up to 14.537769 or 14.753276 is expected.

Technical Forecast

  • Elliott Wave

    null

Key Points

  • Key Point14.17
  • Entry Point14.54
  • Trendline 114.92
  • Trendline 214.92
  • Elliott14.92
  • Closing14.16
  • Ex-Low13.89
  • Ex-High14.92
  • Projection13.34

Supports and Resistance levels

  • Support 113.73
  • Support 213.30
  • Resistance 114.75
  • Resistance 215.35
  • Pivot14.32