Update on supports and resistances.
| Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Limited Rise |
|---|---|
| Change In Short Term View | None |
| Medium Term View (Bullish, Range, Bearish) |
Bearish |
| Change In Medium Term View | None |
Pivot: 19150
Our preference: Long positions above 19150 with targets @ 20500 & 20650 in extension.
Alternative scenario: Below 19150 look for further downside with 18700 & 18000 as targets.
Comment: the RSI is bullish and calls for further upside.
Key levels
21050
20650
20500
20027.05 last
19150
18700
18000
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