Pivot: 7430.00
Our preference:
short positions below 7430.00 with targets at 7337.00 & 7300.00 in extension.
Alternative scenario:
above 7430.00 look for further upside with 7480.00 & 7524.00 as targets.
Comment:
the index currently faces a challenging resistance area at 7430.00
Our preference:
short positions below 7430.00 with targets at 7337.00 & 7300.00 in extension.
Alternative scenario:
above 7430.00 look for further upside with 7480.00 & 7524.00 as targets.
Comment:
the index currently faces a challenging resistance area at 7430.00