During last week, market went bullish, rising to as high as 1012.062.
Market was opened on at 736.474, it drops to its minimum price at 475.283 on Fri, 12/22/2017 - 14:00, then it rises to its maximum price at 1012.062 on Fri, 01/05/2018 - 08:30 and finally it was closed on at 969.783.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 75.
- Current short-term is uptrend and continuation of uptrend is expected.
There is possibility of temporary retracement to suggested support zone (864.535 to 731.100), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
- Beginning of entry zone (864.535)
- Ending of entry zone (731.100)
Supports and Resistances: