Our pivot point is at 70030.
Our preference
As long as 70030 is support look for 73340.
Alternative scenario
Below 70030, expect 68780 and 68030.
Comment
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 70985 and 70698).
Supports and resistances
74830 **
74080 *
73340 **
72590
71011 last
70520
70030 **
68780 *
68030 **
Number of asterisks represents the strength of support and resistance levels.


