Long positions above 39410.00 with targets at 39870.00 & 40120.00 in extension.
Pivot: 39410.00
Our preference: long positions above 39410.00 with targets at 39870.00 & 40120.00 in extension.
Alternative scenario: below 39410.00 look for further downside with 39210.00 & 39000.00 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
40400.00
40120.00
39870.00
39710.00 Last
39410.00
39210.00
39000.00