Pivot: 1381.00
Our preference: LONG positions above 1381 with 1436 1473 as next targets.
Alternative scenario: The downside penetration of 1381 will call for a slide towards 1363 1335.
Comment: the break above 1403 is a positive signal that has opened a path to 1473.
Trend: ST Bearish; MT Bearish
Key levels Comment
1507** Fib retracement (61.8%)
1473** Fib retracement (50%)
1436** Fib retracement (38.2%)
1407.32 Last
1381** Intraday pivot point
1363** Intraday support
1335** Previous low
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