Our pivot point is at 3373.
Our preference
The downside prevails as long as 3373 is resistance.
Alternative scenario
Above 3373, look for 3825 and 4095.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3295 and 3536).
Supports and resistances
4095 **
3825 *
3373 **
3196
3017 last
2479
2210 **
1941 *
1672 **
Number of asterisks represents the strength of support and resistance levels.


