Short positions below 49400 with targets at 49060 & 48900 in extension.

Pivot: 49400
Our preference: short positions below 49400 with targets at 49060 & 48900 in extension.
Alternative scenario: above 49400 look for further upside with 49580 & 49680 as targets.
Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
49680
49580
49400
49300 Last
49060
48900
48820