Pivot: 50.6
Our preference: Short positions below 50.6 with targets @ 48.5 48 in extension.
Alternative scenario: Above 50.6 look for further upside with 51.6 52.5 as targets.
Comment: As long as 50.6 is resistance, likely decline to 48.5.
Supports and resistances:
52.5
51.6
50.6
49.33 Last
48.5
48
47
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