Pivot: 4960
Our preference: long positions above 4960 with targets at 5020 & 5045 in extension.
Alternative scenario: below 4960 look for further downside with 4940 & 4905 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
5080
5045
5020
5006 Last
4960
4940
4905
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