Long positions above 2870.00 with targets at 3055.00 & 3110.00 in extension.
Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Limited Rise |
---|---|
Change In Short Term View | None |
Medium Term View (Bullish, Range, Bearish) |
Bearish |
Change In Medium Term View | None |
Pivot: 2870.00
Our preference: long positions above 2870.00 with targets at 3055.00 & 3110.00 in extension.
Alternative scenario: below 2870.00 look for further downside with 2795.00 & 2725.00 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
While reasonable efforts have been taken to ensure that the calculations performed by the features of this site are reliable, the features are provided on the basis that:-