Pivot: 1255.00
Our preference: SHORT positions below 1255 with targets @ 1218 1202.
Alternative scenario: The upside breakout of 1255 will open the way to 1271 1290.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Bearish; MT Bearish
Key levels Comment
1290** Intraday resistance
1271** Intraday resistance
1255*** Intraday pivot point
1224.3 Last
1218** Fib projection
1202** Fib projection
1195** Fib projection
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