Pivot: 49.30
Most Likely Scenario: short positions below 49.30 with targets @ 48.00 & 47.50 in extension.
Alternative scenario: above 49.30 look for further upside with 50.00 & 50.35 as targets.
Comment: the RSI lacks upward momentum.
Most Likely Scenario: short positions below 49.30 with targets @ 48.00 & 47.50 in extension.
Alternative scenario: above 49.30 look for further upside with 50.00 & 50.35 as targets.
Comment: the RSI lacks upward momentum.