Pivot: 4940
Our preference: long positions above 4940 with targets at 4985 & 5010 in extension.
Alternative scenario: below 4940 look for further downside with 4905 & 4870 as targets.
Comment: the RSI is mixed and calls for caution.
Supports and resistances:
5045
5010
4985
4960 Last
4940
4905
4870
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