Pivot
40070
Our preference
Short positions below 40070 with targets at 39630 & 39380 in extension.
Alternative scenario
Above 40070 look for further upside with 40230 & 40460 as targets.
Comment
As long as 40070 is resistance, likely decline to 39630.
Supports and resistances
40460
40230
40070
39806 Last
39630
39380
39200
Number of asterisks represents the strength of support and resistance levels.
