Pivot: 1267.00
Our preference: LONG positions above 1267 with 1297 1314 as next targets.
Alternative scenario: The downside penetration of 1267 will call for a slide towards 1267 1252.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Bullish; MT Range
Key levels Comment
1326** Intraday resistance
1314** Intraday resistance
1297** Intraday resistance
1287.8 Last
1278*** Intraday pivot point
1267** Intraday support
1252** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL