Our pivot point stands at 58510.
Our preference
Rebound towards 60890.
Alternative scenario
Below 58510, expect 57650 and 57140.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 59378 and 60356).
Supports and resistances
61910 **
61400 *
60890 **
60380
59194 last
58840
58510 **
57650 *
57140 **
Number of asterisks represents the strength of support and resistance levels.


