Pivot: 1286.00
Our preference: SHORT positions below 1286 with 1252 1240 as next targets.
Alternative scenario: The upside penetration of 1286 will call for 1297 1314.
Comment: as long as 1286 is resistance, look for choppy price action with a bearish bias.
Trend: ST Bullish; MT Range
Key levels Comment
1314** Intraday resistance
1297** Intraday resistance
1286*** Intraday pivot point
1272.52 Last
1252** Intraday support
1240** Intraday support
1225** Intraday support
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