Our pivot point stands at 69140.
Our preference
The downside prevails as long as 69140 is resistance.
Alternative scenario
The upside breakout of 69140, would call for 70280 and 70970.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68809 and 68154).
Supports and resistances
70970 **
70280 *
69140 **
68680
68142 last
66780
66100 **
65410 *
64730 **
Number of asterisks represents the strength of support and resistance levels.


