Pivot: 1316.00
Our preference: LONG positions above 1316 with targets @ 1346 1358.
Alternative scenario: The downside breakout of 1316 will open the way to 1306 1291.
Comment: the RSI is bullish and calls for further advance.
Trend: ST Bearish; MT Bearish
Key levels Comment
1375** Intraday resistance
1358** Intraday resistance
1346** Fib retracement (50%)
1334.4 Last
1316** Intraday pivot point
1306** Intraday support
1291** Intraday support
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