Our pivot point stands at 3211.
Our preference
The upside prevails as long as 3211 is support.
Alternative scenario
Below 3211, expect 3141 and 3099.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3261 and 3257).
Supports and resistances
3484 **
3442 *
3400 **
3358
3268 last
3239
3211 **
3141 *
3099 **
Number of asterisks represents the strength of support and resistance levels.


