Our pivot point stands at 3206.
Our preference
The downside prevails as long as 3206 is resistance.
Alternative scenario
Above 3206, look for 3274 and 3314.
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 3164 and 3159).
Supports and resistances
3314 **
3274 *
3206 **
3179
3152 last
3067
3026 **
2986 *
2946 **
Number of asterisks represents the strength of support and resistance levels.


