Date : 16 October 2020
Pivot point : 1898.00
Our preference : long positions above 1898.00 with targets at 1913.00 & 1920.00 in extension.
Alternative scenario : below 1898.00 look for further downside with 1889.00 & 1882.00 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
1903.55 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.