Support in the 7700 area

9 Mar 2018

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

10 Mar 2018

Not

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

12 Mar 2018

Not

Above 10000 targeting to 10700

14 Mar 2018

Not

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

16 Mar 2018

Not

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

17 Mar 2018

Not

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

18 Mar 2018

Not

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

19 Mar 2018

Not

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