Our pivot point is at 3443.
Our preference
The downside prevails as long as 3443 is resistance.
Alternative scenario
Above 3443, look for 3516 and 3559.
Comment
The RSI is below its neutrality area at 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 3415 and 3425).
Supports and resistances
3559 **
3516 *
3443 **
3414
3386 last
3295
3251 **
3208 *
3165 **
Number of asterisks represents the strength of support and resistance levels.


