Intraday: the upside prevails as long as 97520 is support

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Intraday: the upside prevails as long as 97520 is support

Preference

the upside prevails as long as 97520 is support.

Alternative scenario

the downside breakout of 97520 would call for 95680 and 94590.

Comment

the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 98780 and 98413).


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