Pivot: 4925
Our preference: short positions below 4925 with targets @ 4850 & 4790 in extension.
Alternative scenario: above 4925 look for further upside with 4955 & 5020 as targets.
Comment: as long as the resistance at 4925 is not surpassed, the risk of the break below 4850 remains high.
Supports and resistances:
5020
4955
4925
4869 Last
4850
4790
4720
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