Our pivot point stands at 68140.
Our preference
The downside prevails as long as 68140 is resistance.
Alternative scenario
The upside breakout of 68140, would call for 69160 and 69770.
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 is trading under both its 20 and 50 period moving average (respectively at 67446 and 67597).
Supports and resistances
69770 **
69160 *
68140 **
67730
67327 last
66010
65400 **
64790 *
64180 **
Number of asterisks represents the strength of support and resistance levels.


