Our pivot point is at 3441.
Our preference
The downside prevails as long as 3441 is resistance.
Alternative scenario
Above 3441, look for 3513 and 3556.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3385 and 3383).
Supports and resistances
3556 **
3513 *
3441 **
3412
3379 last
3286
3244 **
3201 *
3158 **
Number of asterisks represents the strength of support and resistance levels.


