Pivot: 1309.00
Our preference: LONG positions @ 1317 with targets @ 1350 1374.
Alternative scenario: The downside breakout of 1309 will open the way to 1287 1270.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Bearish; MT Bearish
Key levels Comment
1393** Intraday resistance
1374** Intraday resistance
1350** Intraday resistance
1332.18 Last
1309** Intraday pivot point
1287** Intraday support
1270** Intraday support
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