
Levels | Imp | Comment | Levels | Imp | Comment | |||
---|---|---|---|---|---|---|---|---|
R4 | 148.45 | 3 Nov high | S1 | 145.55 | 30 Aug low | |||
R3 | 148.00 | figure | S2 | 145.00 | * | congestion | ||
R2 | 147.38 | ** | 29 Aug YTD high | S3 | 144.54 | * | 23 Aug low | |
R1 | 146.56 | * | 17 Aug high | S4 | 143.90 | * | 3 Aug high |
Asterisk denotes strength of level
00:45 GMT - Still limited below the 146.00 level but pressure building on the downside and see room to extend rejection from the 147.38 high. Daily studies have turned negative and suggest consolidation to give way to deeper pullback to the 145.00 level then the strong support area at the 144.54/144.00 area. Break here will turn focus lower to the 142.00/141.50 area. Meanwhile, resistance is lowered to 146.56 ahead of the 147.38 high.