Pivot: 98.45
Our preference: LONG positions above 98.45 with 99.45 100 in sight.
Alternative scenario: The downside breakout of 98.45 will open the way to 97.6 96.6.
Comment: the immediate trend remains up and the momentum is strong.
Trend: ST Bullish; MT Bullish
Key levels Comment
100.6* Intraday resistance
100** Intraday resistance
99.45** Intraday resistance
98.83 Last
98.45** Intraday pivot point
97.6* Intraday support
96.6*** Intraday support
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