Pivot: 1418.00
Our preference: LONG positions above 1418 with targets @ 1458 1473.
Alternative scenario: The downside penetration of 1418 will call for 1391 1363.
Comment: the immediate trend remains up and the momentum is strong.
Trend: ST Bearish; MT Bearish
Key levels Comment
1507 Intraday resistance
1473** Fib retracement (61.8%)
1458** Intraday resistance
1444.3 Last
1418*** Intraday pivot point
1391** Intraday support
1363** Intraday support
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