Our pivot point stands at 68260.
Our preference
The downside prevails as long as 68260 is resistance.
Alternative scenario
Above 68260, look for 69280 and 69890.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67538 and 67582).
Supports and resistances
69890 **
69280 *
68260 **
67850
67410 last
66150
65540 **
64930 *
64320 **
Number of asterisks represents the strength of support and resistance levels.


