Pivot

407.80

My preference

Long positions above 407.80 with targets at 417.00 & 423.30 in extension.

Alternative scenario

Below 407.80 look for further downside with 401.00 & 397.00 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances

427.00

423.30

417.00

413.80 Last

407.80

401.00

397.00
Trend Analysis

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