SNSN schreef op 3 november 2015 11:00:
For today: PP=3.337
Resistance: R1=3.368; R2=3.389
Support: S1=3.316; S2=3.286
The nearest st-resistance: ~3.365
The next (important) r-zone: ~3.40-3.42 (see last week posts for details)
For ~5 sessions we are creeping along the "rising-bottom-line" determining the st-up(sub)trend since Oct 15 (as a part of a larger pattern/picture - read old posts).
The nearest pattern target lies around ~3.46 (the final target is ~3.60 - see old posts). It may take from ~4 to ~9 more sessions to get there from now on. Though, there is some prob to get the "nearest target" ~3.46 twice - first within the next ~4 sessions, and then returning back within following ~5 sessions... That is a reasonable st-volatility for next couple of weeks may be expected within the range ~3.50-3.30 (~90%) and ~3.50-3.25 (~95%), so that the prob to dive under the 'magic' ~3.25 (within next weeks) is low.
On a longer horizon, the right side "highs" of our "large pattern" are determined by the "falling-top-line" (since Aug 5 when the main pattern top was formed). It is currently around ~3.48...., and "should" be around ~3.46 in several sessions ...., providing "dynamic resistance" when forming our "nearest target" (see just above)