Our pivot point stands at 153.2.
Our preference
The downside prevails as long as 153.2 is resistance.
Alternative scenario
The upside breakout of 153.2, would call for 155.8 and 157.3.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 152.5 and 151.9).
Supports and resistances
157.3 **
155.8 *
153.2 **
152.2
151.2 last
148.0
146.5 **
145.0 *
143.5 **
Number of asterisks represents the strength of support and resistance levels.


