Pivot: 1320.00
Our preference: LONG positions above 1320 with 1346 1358 as next targets.
Alternative scenario: The downside penetration of 1320 will call for 1306 1291.
Comment: the break above the 1329 former resistance area is a positive signal calling for further advance.
Trend: ST Bearish; MT Bearish
Key levels Comment
1375** Intraday resistance
1358** Intraday resistance
1346** Fib retracement (50%)
1330.2 Last
1320** Intraday pivot point
1306** Intraday support
1291** Intraday support
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