Our pivot point is at 58260.
Our preference
Rebound towards 61500.
Alternative scenario
Below 58260, expect 57060 and 56350.
Comment
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 59388 and 59631).
Supports and resistances
62930 **
62210 *
61500 **
60780
59203 last
58730
58260 **
57060 *
56350 **
Number of asterisks represents the strength of support and resistance levels.


