Our pivot point stands at 69220.
Our preference
The downside prevails as long as 69220 is resistance.
Alternative scenario
Above 69220, look for 70500 and 71270.
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 68393 and 68363).
Supports and resistances
71270 **
70500 *
69220 **
68720
68217 last
66650
65880 **
65120 *
64360 **
Number of asterisks represents the strength of support and resistance levels.


