Strength can extend to 15.450001 or 15.567363 as declines are expected to find support at 15.241458 or 15.150277. A fall below 14.915553 could turn it bearish.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point15.48
  • Entry Point15.26
  • Trendline 115.05
  • Trendline 215.31
  • Elliott14.62
  • Closing15.39
  • Ex-Low15.10
  • Ex-High15.52
  • Projection15.82

Supports and Resistance levels

  • Support 115.15
  • Support 214.92
  • Resistance 115.57
  • Resistance 215.75
  • Pivot15.33

One more dip to 14.420000 - 14.231668 is likely followed by a grind higher to 14.777500 - 14.946667. After which it can resume its downtrend.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point14.51
  • Entry Point14.39
  • Trendline 114.62
  • Trendline 214.65
  • Elliott16.79
  • Closing14.57
  • Ex-Low14.27
  • Ex-High14.99
  • Projection13.89

Supports and Resistance levels

  • Support 114.23
  • Support 213.89
  • Resistance 114.95
  • Resistance 215.32
  • Pivot14.61