Pivot: 5000
Our preference: short positions below 5000 with targets @ 4820 & 4800 in extension.
Alternative scenario: above 5000 look for further upside with 5040 & 5100 as targets.
Comment: as long as 5000 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
5100
5040
5000
4850 Last
4820
4800
4750
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