Pivot: 1241.00
Our preference: LONG positions above 1241 with targets @ 1267.5 1277.
Alternative scenario: The downside penetration of 1241 will call for 1228 1208.
Comment: the price has broken above a declining trend line.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
1290** Intraday resistance
1277** Intraday resistance
1267.5** Intraday resistance
1254.05 Last
1241*** Intraday pivot point
1228** Fib retracement (61.8%)
1208** Intraday support
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