|7th resistance||5820||Previous high|
|6th resistance||5735||Previous resistance line|
|5th resistance||5603||61.8% Fib retracement|
|4th resistance||5557||200-day moving average|
|3rd resistance||5409||Previous high|
|2nd resistance||5385||Yesterday’s high|
|1st resistance||5375||Previous support line|
|1st support||5351||55-90min moving average|
|2nd support||5312||Yesterday’s low|
|3rd support||5268||78.6% Fib retracement|
|4th support||5253||Previous low|
|5th support||5235||Elliott wave target|
|6th support||5145||Previous resistance line|
If you are short:
1st resistance at 5385 (Friday’s high). Weak stop loss above that level.
2nd resistance at 5409 (previous high). Fair stop loss above that level.
3rd resistance at 5557 (200-day moving average). Strong stop loss above that level.
If you are long:
1st support at 5351 (55-90min moving average). Weak stop loss below that level.
2nd support at 5312 (Friday’s low). Fair stop loss below that level.
3rd support at 5268 (78.6% Fib retracement). Strong stop loss below that level.
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