7050 - support where we could see one more bounce back up to around 8900 to test the resistance, if we fail to break up from there, we can expect quite a big drop to the following supports
6550 - with the previous dip at the beginning of April
5900 - from low in Feb
3500 - first support from before last years bull run
1) Sell orders below the support for a short with targets just above the mentioned supports. OR if you are a risk taker, open a short now and add to it once we break through support.
2) Buy orders just above the support for a long scalp up to 8900 ( resistance) sell half your position and set a stop loss just below to protect your profits in case we are rejected by the resistance. OR for those bulls out there, open a long now and add to it if we fall toward the support.