
Pivot: 4530
Our preference: short positions below 4530 with targets at 4470 & 4448 in extension.
Alternative scenario: above 4530 look for further upside with 4550 & 4572 as targets.
Comment: as long as 4530 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4572
4550
4530
4498 Last
4470
4448
4429
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