Our pivot point stands at 64470.
Our preference
The upside prevails as long as 64470 is support.
Alternative scenario
The downside breakout of 64470 would call for 63390 and 62740.
Comment
The RSI is above its neutrality area at 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 65114 and 65199).
Supports and resistances
68690 **
68040 *
67390 **
66740
65356 last
64900
64470 **
63390 *
62740 **
Number of asterisks represents the strength of support and resistance levels.


