Our pivot point stands at 65210.
Our preference
Rebound towards 67820.
Alternative scenario
The downside breakout of 65210 would call for 64240 and 63660.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66113 and 66321).
Supports and resistances
68980 **
68400 *
67820 **
67240
65987 last
65590
65210 **
64240 *
63660 **
Number of asterisks represents the strength of support and resistance levels.


