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The downside prevails as long as 80,579 is resistance, with 78,750 and 78,321 as targets
Our pivot point is at 80,579.
Our preference: The downside prevails as long as 80,579 is resistance, with 78,750 and 78,321 as targets
Alternative scenario: above 80,579, look for 81,303 and 81,733.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
81,733 **
81,303 *
80,579 **
80,315 last
78,750
78,321 **
77,892 *
Our preference: The downside prevails as long as 80,579 is resistance, with 78,750 and 78,321 as targets
Alternative scenario: above 80,579, look for 81,303 and 81,733.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
81,733 **
81,303 *
80,579 **
80,315 last
78,750
78,321 **
77,892 *
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
