Pivot: 4275
Our preference: long positions above 4275 with targets at 4335 & 4353 in extension.
Alternative scenario: below 4275 look for further downside with 4257 & 4240 as targets.
Comment: a support base at 4275 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
4375
4353
4335
4312 Last
4275
4257
4240
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