Pivot: 102.20
Our Preference: Bullish as long as 102.2 is support with targets at 114.7 and 118.25 in extension.
Alternative Scenario: Below 102.2 eye a drop towards 99 and 91.3 in extension.
Comment: the upward breakout of the bullish flag pattern signals the end of the pause and resumption of the preceding up trend.
Trend: ST Bullish; MT Bullish, we have been bullish since 19 JUN 2013 (98.8).
Key levels Comment
125.9 Fib projection
118.75 Fib projection
114.7 Horizontal resistance
110.1 Last
102.2 Pivot point
99 Horizontal support
91.3 Horizontal support
Copyright 1999 – 2013 TRADING CENTRAL