143.6 is our pivot point.
Our preference
The downside prevails as long as 143.6 is resistance.
Alternative scenario
Above 143.6, look for 146.4 and 148.
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 142.8 and 142.4).
Supports and resistances
148.0 **
146.4 *
143.6 **
142.5
141.4 last
137.9
136.3 **
134.6 *
133.0 **
Number of asterisks represents the strength of support and resistance levels.


