Pivot: 1238
Our preference: Long positions above 1238 with targets @ 1255 1267 in extension.
Alternative scenario: Below 1238 look for further downside with 1227 1218 as targets.
Comment: investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
1278
1267
1255
1239.2 Last
1238
1227
1218
Copyright 1999 – 2014 TRADING CENTRAL