The combination breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 2403.380000000 will persist.
Caution: A possible counter-trend in the direction of support at 2352.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2424.452 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 2403.380000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 2499.000000000 |
2nd High | 2478.890000000 |
Next High | 2403.380000000 |
Current Price | 2353.050000000 |
Next Low | 2352.000000000 |
2nd Low | 2277.340000000 |
3rd Low | 2263.290000000 |