Monthly: Holding within an Expanding Wedge formation than has a bias to eventual break to the upside. Bespoke resistance is seen at 85.40
Weekly: Holding within a bearish corrective channel formation after completing a bullish 5-wave count (Elliott Wave). Levels close to the 61.8% pullback of 79.27 (from 72.45-90.30) have found buyers. Trend line resistance is located at 86.06, support at 75.70, close to the 78.6% pullback level of 76.28
Intraday (4-hours) – Mixed trading for 9 days had produced a symmetrical triangle formation. This pattern has now been broken to the downside. Reverse trend line resistance is located at 81.88. Bespoke resistance at 81.95
