Pivot: 1276.00
Our preference: SHORT positions below 1276 with 1240 1230 in sight.
Alternative scenario: The upside breakout of 1276 will open the way to 1287 1295.
Comment: the immediate trend remains down and the momentum is strong.
Trend: ST Bearish; MT Bearish
Key levels Comment
1295** Intraday resistance
1287** Intraday resistance
1276** Intraday pivot point
1257.4 Last
1240** Intraday support
1230** Intraday support
1208** Intraday support
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