
Pivot: 4396
Our preference: long positions above 4396 with targets at 4470 & 4500 in extension.
Alternative scenario: below 4396 look for further downside with 4365 & 4340 as targets.
Comment: the next resistances are at 4470 and then at 4500.
Supports and resistances:
4520
4500
4470
4434 Last
4396
4365
4340
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