Pivot: 1225.00
Our preference: SHORT positions below 1225 with targets @ 1173 1150.
Alternative scenario: The upside penetration of 1225 will call for a rebound towards 1244 1271.
Comment: the RSI broke below a bullish trend line.
Trend: ST Bearish; MT Bearish
Key levels Comment
1271** Intraday resistance
1244** Intraday resistance
1225*** Intraday pivot point
1193.28 Last
1173** Measured move down target
1150** Pattern target
1142** Fib projection
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