2357 is our pivot point.
Our preference
Rebound towards 2473.
Alternative scenario
The downside breakout of 2357 would call for 2312 and 2285.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (2385) but under its 50 period moving average (2416).
Supports and resistances
2527 **
2500 *
2473 **
2446
2393 last
2375
2357 **
2312 *
2285 **
Number of asterisks represents the strength of support and resistance levels.


