PRICE ACTION 1-Day chart last CLOSE 6760 (6613), HIGHER close 1-Week chart last CLOSE 6362 Support: Day chart, the 10 (6493) & 20 (6404) day MA Horizontal support at 6516-6748 covering 3 upper wicks of this weeks action & further lower wicks in support at 6410-6516 & again around 6275 (2.7.18 lower wick) Resistance: the area 6781-6807 been tested multiple times by upper wicks in past week, keep eye on increase in VOLUME to bridge the range 6807 The 50 day MA (6957) moving closer to the upper Bollinger Band (6920) Lower trend line of channel lending further support. E.Waves in the shorter time frames, symmetrical triangle, breakout to the upper side, completion of an impulse wave but in a correction phase now TREND FOLLOWING Trade ranging 6516-6807 Heikin Ashi candle indicates strong probability, for uptrend to continue for today with a big body candle
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