the downside prevails as long as 66370 is resistance
132
pivot point is at 66370.
preference
The downside prevails as long as 66370 is resistance.
Alternative scenario
The upside breakout of 66370, would call for 74760 and 79760.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60056 and 61883).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.