Short positions below 8497 with targets at 8450 & 8420 in extension.
Pivot: 8497
Our preference: short positions below 8497 with targets at 8450 & 8420 in extension.
Alternative scenario: above 8497 look for further upside with 8520 & 8545 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
8545
8520
8497
8466 Last
8450
8420
8400