Pivot: 55
Our preference: Short positions below 55 with targets @ 40 36.8 in extension.
Alternative scenario: Above 55 look for further upside with 64 70 as targets.
Comment: The index currently faces a challenging resistance area at 55.
Supports and resistances:
70 **
64 **
55 ***
54.14 Last
40 **
36.8 **
33 **
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