61580 is our pivot point.
Our preference
Rebound.
Alternative scenario
The downside breakout of 61580 would call for 60640 and 60080.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (62232) but under its 50 period moving average (62362).
Supports and resistances
65130 **
64570 *
64010 **
63450
62315 last
61950
61580 **
60640 *
60080 **
Number of asterisks represents the strength of support and resistance levels.


