Pivot: 39.2
Our preference: short positions below 39.2 with targets @ 37 36.4 in extension.
Alternative scenario: above 39.2 look for further upside with 39.8 40.7 as targets.
Comment: as long as 39.2 is resistance, likely decline to 37.
Supports and resistances:
40.7
39.8
39.2
37.7 Last
37
36.4
35.9
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