Our pivot point stands at 79635200.
Our preference
Rebound towards 82298400.
Alternative scenario
Below 79635200, expect 78715000 and 78167200.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (80396679) but under its 50 period moving average (80966548).
Supports and resistances
83398000 **
82848200 *
82298400 **
81748700
80529960 last
79996800
79635200 **
78715000 *
78167200 **
Number of asterisks represents the strength of support and resistance levels.


