Our pivot point stands at 68810.
Our preference
The downside prevails as long as 68810 is resistance.
Alternative scenario
The upside breakout of 68810, would call for 70080 and 70840.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68073 and 68160).
Supports and resistances
70840 **
70080 *
68810 **
68310
67765 last
66210
65450 **
64690 *
63940 **
Number of asterisks represents the strength of support and resistance levels.


