Pivot: 4900
Our preference: long positions above 4900 with targets @ 4980 & 5000 in extension.
Alternative scenario: below 4900 look for further downside with 4820 & 4770 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
5023
5000
4980
4937 Last
4900
4820
4770
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