Our pivot point stands at 3628.
Our preference
The upside prevails as long as 3628 is support.
Alternative scenario
The downside breakout of 3628 would call for 3539 and 3485.
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 3694 and 3685).
Supports and resistances
3973 **
3920 *
3867 **
3813
3699 last
3663
3628 **
3539 *
3485 **
Number of asterisks represents the strength of support and resistance levels.


