Pivot
39800
Our preference
Long positions above 39800 with targets at 41360 & 42450 in extension.
Alternative scenario
Below 39800 look for further downside with 38500 & 37700 as targets.
Comment
The RSI calls for a new upleg.
Supports and resistances
42600
42450
41360
40668 Last
39800
38500
37700
Number of asterisks represents the strength of support and resistance levels.