
Pivot: 3980
Our preference: long positions above 3980 with targets at 4040 & 4071 in extension.
Alternative scenario: below 3980 look for further downside with 3965 & 3942 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
4100 **
4071 **
4040 ***
4016 Last
3980 ***
3965 **
3942 **
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