3746 is our pivot point.
Our preference
The upside prevails as long as 3746 is support.
Alternative scenario
The downside breakout of 3746 would call for 3650 and 3592.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3804 and 3792).
Supports and resistances
4110 **
4052 *
3995 **
3937
3823 last
3784
3746 **
3650 *
3592 **
Number of asterisks represents the strength of support and resistance levels.


