Today's Support and Resistance Levels:
R3: 142.17
R2: 141.82
R1: 141.68
Current Spot: 141.38
S1: 141.23
S2: 140.98
S3: 140.65
Technical Summary:
I'm looking for a confirmed break below support at 141.23 to indicate wave iii lower towards 136.33 is developing. However, I do think that short term resistance at 141.68 will be strong enough to protect the upside for for the confirmed break below 141.23 indicating that red wave iii lower towards 136.33 is unfolding. On the way lower towards 136.33 support will be found at 140.98 and again at 140.23.
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