Pivot: 1308.00
Our preference: LONG positions above 1308 with 1338 1348 in sight.
Alternative scenario: The downside breakout of 1308 will open the way to 1298 1283.
Comment: the RSI is bullish and calls for further upside.
Trend: ST Ltd upside; MT Bullish
Key levels Comment
1357*** Fib projection
1348** Horizontal resistance
1338** Horizontal resistance
1336.78 Last
1308** Intraday pivot point
1298*** Intraday support
1283** Fib retracement (38.2%)
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