Date : 6 December 2021
Pivot point : 49920
Our preference : the downside prevails as long as 49920 is resistance.
Alternative scenario : the upside breakout of 49920, would call for 51370 and 52230.
Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 48997 and 49081).
Supports and resistances :
48780 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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