Pivot: 46.8
Our preference: Long positions above 46.8 with targets @ 50.35 52.2 in extension.
Alternative scenario: Below 46.8 look for further downside with 46 45 as targets.
Comment: The index currently faces a challenging resistance area at 46.8.
Supports and resistances:
53.8
52.2
50.35
49.35 Last
46.8
46
45
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