Pivot: 51.25
Our preference: Short positions below 51.25 with targets @ 50 49.3 in extension.
Alternative scenario: Above 51.25 look for further upside with 52.2 52.85 as targets.
Comment: As long as 51.25 is resistance, likely decline to 50.
Supports and resistances:
52.85
52.2
51.25
50.77 Last
50
49.3
48.75
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