Our preference: As long as 6070 is not broken up, we favour a down move with 5675 and then 5590 as next targets.
Alternative scenario: Only the upside breakout of 6070 will invalidate our bearish scenario. In this case, a recovery should shape towards 6345 at first, and then 6415.
Comment: The daily technical indicators are bearish and call for a fall towards 5590 in the medium term.
Trend: ST limited decline; MT range.
Supports and resistances:
6415 **
6345 **
6070 **
5902 last
5675 **
5590 **
5310 **
http://www.drosoulitis.com
