Pivot: 1348.
Our Preference: As long as 1348 is support, look for rise towards 1488 1522.
Alternative scenario: A downside breakout of 1348 would open the way towards 1273.
Comment: the bullish cross between the 20-day and 50-day moving average is a positive signal and both moving averages are now ascending.
Trend: ST Bullish; MT Bullish, we have been bullish since 16 AUG 2013 (1370).
Key levels Comment
1550 Key horizontal resistance
1522 Horizontal resistance
1488 Fib retracement (50%)
1424 Last
1348 Pivot point
1273 Horizontal support
1180 Horizontal support
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