Pivot: 4470
Our preference: short positions below 4470 with targets at 4350 & 4300 in extension.
Alternative scenario: above 4470 look for further upside with 4535 & 4600 as targets.
Comment: as long as the resistance at 4470 is not surpassed, the risk of the break below 4350 remains high.
Supports and resistances:
4600
4535
4470
4378 Last
4350
4300
4220
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