Long positions above 116700 with targets at 120900 & 121700 in extension.
Pivot: 116700
Our preference: long positions above 116700 with targets at 120900 & 121700 in extension.
Alternative scenario: below 116700 look for further downside with 115800 & 115150 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
121900
121700
120900
119055 Last
116700
115800
115150