Support in the 7700 area

٩ مارس ٢٠١٨

Confluence of fib 0.618...0.764 retrace zone and 1.618 of technical analysis tools.

١٠ مارس ٢٠١٨

ملاحظة

Temporary(?) bottom found at 8400. Likely, a bounce targeting to 10000.

١٢ مارس ٢٠١٨

ملاحظة

Above 10000 targeting to 10700

١٤ مارس ٢٠١٨

ملاحظة

One more move down, targeting to the 7700...7300 area.

١٦ مارس ٢٠١٨

ملاحظة

A move down is close to the bottom or already bottom at 7650.

١٧ مارس ٢٠١٨

ملاحظة

Elliott Waves technical analysis. A drop below 7000 mean bad news - opening way to attack 6000 support.

١٨ مارس ٢٠١٨

ملاحظة

Likely, pattern 1-2-3-4-5 completed. The move above 8500 opens way to 10000 high.

١٩ مارس ٢٠١٨

ملاحظة

Now need to break up 8650 to confirm the intention to continue rise up.