Short positions below 29100 with targets at 27500 & 27000 in extension.
Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Limited Decline |
---|---|
Change In Short Term View | None |
Medium Term View (Bullish, Range, Bearish) |
Bullish |
Change In Medium Term View | None |
Pivot: 29100
Our preference: short positions below 29100 with targets at 27500 & 27000 in extension.
Alternative scenario: above 29100 look for further upside with 29880 & 30450 as targets.
Comment: the RSI is mixed and calls for caution.
Supports and resistances:
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