Pivot: 1210.00
Our preference: LONG positions above 1210 with 1245 1271 in sight.
Alternative scenario: The downside penetration of 1210 will call for a slide towards 1180 1150.
Comment: the price has broken above an intraday declining trend line.
Trend: ST Bearish; MT Bearish
Key levels Comment
1288** Intraday resistance
1271** Intraday resistance
1245** Intraday resistance
1241.7 Last
1210*** Intraday pivot point
1180** Intraday support
1150** Intraday support
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