Pivot: 1268.00
Our preference: SHORT positions below 1268 with 1226 1212 as next targets.
Alternative scenario: The upside penetration of 1268 will call for a rebound towards 1279 1294.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Bearish; MT Ltd downside
Key levels Comment
1294** Intraday resistance
1279** Intraday resistance
1268** Intraday pivot point
1236.15 Last
1226** Intraday support
1212** Intraday support
1180** Intraday support
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