Pivot: 1363.00
Our preference: LONG positions above 1363 with 1407 1419 in sight.
Alternative scenario: The downside penetration of 1363 will call for 1336 1322.
Comment: the RSI is above its neutrality area at 50%. The 50 moving average is turning up.
Trend: ST Bearish; MT Bearish
Key levels Comment
1442** Intraday resistance
1419** Intraday resistance
1407** Fib retracement (50%)
1394.52 Last
1363** Intraday pivot point
1336** Intraday support
1322*** Horizontal support
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