925.5 is our pivot point.
Our preference: the downside prevails as long as 925.5 is resistance.
Alternative scenario: the upside breakout of 925.5, would call for 958.4 and 978.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. The price stands above its 20 day MA (898.3) but below its 50 day MA...
Short positions below 5915.00 with targets at 5865.00 & 5845.00 in extension.
Pivot: 5915.00
Our preference: short positions below 5915.00 with targets at 5865.00 & 5845.00 in extension.
Alternative scenario: above 5915.00 look for further upside with 5935.00 & 5960.00 as targets.
Comment: the RSI advocates for further decline.
Supports and...
