Pivot: 38.9
Our preference: short positions below 38.9 with targets @ 37 36.4 in extension.
Alternative scenario: above 38.9 look for further upside with 39.8 40.7 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
40.7
39.8
38.9
37.68 Last
37
36.4
35.9
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