Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 2613.7 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 2702.820000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 2820.000000000 |
2nd High | 2792.280000000 |
Next High | 2702.820000000 |
Current Price | 2645.390000000 |
Next Low | 2618.280000000 |
2nd Low | 2524.580000000 |
3rd Low | 2277.340000000 |