- Target level
- 3,993.03,993.0 (touched)
- Pivot level
- 4,025.84,025.8
- Resistance level
- 4,031.2
- Expected move
- -0.13% to -0.26%
Our preference
The downside prevails as long as 4,025.8 is resistance, with 3,993.0 and 3,988.0 as targets.
Alternative scenario
Above 4,025.8, expect 4,031.2 and 4,036.7.
Comment
Price is 0.13% from the first target, so a throwback toward the pivot is possible first; a 4h close above 4,025.8 voids the read.
