Today's Support and Resistance Levels:
R3: 142.52
R2: 142.17
R1: 141.82
Current Spot: 141.78
S1: 141.64
S2: 141.23
S3: 140.98
Technical Summary:
As long as support at 141.64 and more importantly as long as support at 141.55 protects the downside I will be looking for the finally move higher towards 142.17 before red wave iii lower towards 136.33 takes over. Only a direct break below 141.55 indicates that red wave ii ended early and red wave iii lower already is developing. A break below support at 141.23 confirms that red wave iii is under way towards 136.33
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