Short positions below 50150.00 with targets at 49480.00 & 49200.00 in extension.

Pivot: 50150.00
Our preference: short positions below 50150.00 with targets at 49480.00 & 49200.00 in extension.
Alternative scenario: above 50150.00 look for further upside with 50570.00 & 50800.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
50800.00
50570.00
50150.00
49710.00 Last
49480.00
49200.00
48900.00