Our pivot point stands at 69360.
Our preference
The downside prevails as long as 69360 is resistance.
Alternative scenario
Above 69360, look for 70410 and 71030.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68920 and 68694).
Supports and resistances
71030 **
70410 *
69360 **
68950
68506 last
67250
66630 **
66010 *
65390 **
Number of asterisks represents the strength of support and resistance levels.


