Pivot: 1301.00
Our preference: LONG positions above 1301 with 1323 1337 in sight.
Alternative scenario: The downside penetration of 1301 will call for a slide towards 1293 1277.
Comment: a support base at 1301 has formed and has allowed for a temporary stabilisation.
Trend: ST Bearish; MT Bearish
Key levels Comment
1343** Intraday resistance
1337* Intraday resistance
1323** Intraday resistance
1309.37 Last
1301*** Intraday pivot point
1293** Intraday support
1277** Intraday support
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