The morning explained continuation pennant pattern over four-hour basis is in progress for the time being. This pattern may be able to confirm the daily [head and shoulders top] pattern. Therefore, we keep our overview to the downside for the rest of the day while supported by the negative crossover appearing on Stochastic.
The trading range for today is among the key support now at 916.00 and key resistance now at 984.00.
The general trend is to the upside as far as 820.00 remains intact with targets at 1035.00 and 1060.00.