Short positions below 42720.00 with targets at 42280.00 & 42120.00 in extension.
Pivot: 42720.00
Our preference: short positions below 42720.00 with targets at 42280.00 & 42120.00 in extension.
Alternative scenario: above 42720.00 look for further upside with 42990.00 & 43150.00 as targets.
Comment: as long as 42720.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
43150.00
42990.00
42720.00
42481.00 Last
42280.00
42120.00
41700.00