Pivot
19700
Our preference
Short positions below 19700 with targets at 19500 & 19340 in extension.
Alternative scenario
Above 19700 look for further upside with 19850 & 20000 as targets.
Comment
As long as 19700 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
20000
19850
19700
19636 Last
19500
19340
19180
Number of asterisks represents the strength of support and resistance levels.
