Long positions above 7860.00 with targets at 8260.00 & 8390.00 in extension.
Pivot: 7860.00
Our preference: long positions above 7860.00 with targets at 8260.00 & 8390.00 in extension.
Alternative scenario: below 7860.00 look for further downside with 7640.00 & 7500.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
8500.00
8390.00
8260.00
8085.30 Last
7860.00
7640.00
7500.00