Pivot: 4805
Our preference: short positions below 4805 with targets at 4725 & 4700 in extension.
Alternative scenario: above 4805 look for further upside with 4835 & 4865 as targets.
Comment: as long as the resistance at 4805 is not surpassed, the risk of the break below 4725 remains high.
Supports and resistances:
4865
4835
4805
4772 Last
4725
4700
4670
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