Pivot: 102.00
Our preference: LONG positions above 102 with 105.3 106 as next targets.
Alternative scenario: The downside penetration of 102 will call for a slide towards 100.5 99.8.
Comment: the break above 102 is a positive signal that has opened a path to 105.3.
Trend: ST Ltd upside; MT Bullish
Key levels Comment
106.5** Fib projection
106** Fib projection
105.3** Fib projection
102.84 Last
102*** Intraday pivot point
100.5** Intraday support
99.8** Rising trendline
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