Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2398.38436 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 2659.000000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 2684.510000000 |
2nd High | 2673.410000000 |
Next High | 2659.000000000 |
Current Price | 2484.890000000 |
Next Low | 2390.050000000 |
2nd Low | 2352.600000000 |
3rd Low | 2310.000000000 |