Pivot: 1275
Our preference: Short positions below 1275 with targets @ 1261 1255 in extension.
Alternative scenario: Above 1275 look for further upside with 1283 1291 as targets.
Comment: As long as 1275 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1291
1283
1275
1269 Last
1261
1255
1241
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