Pivot

39000.00

Our preference

Long positions above 39000.00 with targets at 39210.00 & 39270.00 in extension.

Alternative scenario

Below 39000.00 look for further downside with 38910.00 & 38840.00 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances

39330.00

39270.00

39210.00

39073.00 Last

39000.00

38910.00

38840.00

Number of asterisks represents the strength of support and resistance levels.
Technical IndicatorsTrend AnalysisWave Analysis

Penafian