Pivot: 104.00
Our preference: LONG positions above 104 with targets @ 107.8 110.
Alternative scenario: The downside penetration of 104 will call for a slide towards 102 100.5.
Comment: intraday support around 104
Trend: ST Bullish; MT Bullish
Key levels Comment
112.6* Fib projection
110* Fib projection
107.8** Fib projection
106.17 Last
104*** Intraday pivot point
102** Intraday support
100.5** Intraday support
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