Pivot: 4535
Our preference: short positions below 4535 with targets at 4465 & 4430 in extension.
Alternative scenario: above 4535 look for further upside with 4565 & 4588 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
4588 **
4565 *
4535 ***
4500 Last
4465 **
4430 *
4390 *
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