There is bearish potential for a fall to 876.2000 - 871.4000 while 881.0000 - 884.1000 resist. After this fall a recovery up to 884.1000 or 887.2000 is expected.

Technical Forecast

  • Elliott Wave

    flat correction down 869.8664

Key Points

  • Key Point872.50
  • Entry Point878.96
  • Trendline 1888.83
  • Trendline 2882.63
  • Elliott914.52
  • Closing877.60
  • Ex-Low874.80
  • Ex-High890.60
  • Projection866.35

Supports and Resistance levels

  • Support 1871.40
  • Support 2865.20
  • Resistance 1887.20
  • Resistance 2896.80
  • Pivot881.00

Uptrend is still intact in a triangle configuration. It should continue to rally to 918.6373 or 911.1168 if support around 883.2834 hold. After which a pullback to 883.2834 - 875.8000 zone is possible.

Technical Forecast

  • Elliott Wave

    support in an extended wave up 883.9292

  • Trend Warning

    Warning: End of trend - Imminent end of bullish move

Key Points

  • Key Point915.45
  • Entry Point891.71
  • Trendline 1861.64
  • Trendline 2881.18
  • Elliott785.42
  • Closing896.15
  • Ex-Low855.45
  • Ex-High898.25
  • Projection920.46

Supports and Resistance levels

  • Support 1868.32
  • Support 2840.48
  • Resistance 1911.12
  • Resistance 2926.08
  • Pivot883.28

Uptrend is still intact in a triangle configuration. It should continue to rally to 846.2368 or 859.0601 if support around 818.0900 hold. After which a pullback to 818.0900 - 805.4100 zone is possible.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: Harami

Key Points

  • Key Point857.12
  • Entry Point828.11
  • Trendline 1808.23
  • Trendline 2812.29
  • Elliott642.17
  • Closing833.70
  • Ex-Low777.12
  • Ex-High843.45
  • Projection930.21

Supports and Resistance levels

  • Support 1792.73
  • Support 2751.76
  • Resistance 1859.06
  • Resistance 2884.42
  • Pivot818.09