Pivot: 1287.00
Our preference: SHORT positions below 1287 with targets @ 1262 1254.
Alternative scenario: The upside penetration of 1287 will call for a rebound towards 1295 1309.
Comment: as long as 1287 is resistance, look for choppy price action with a bearish bias.
Trend: ST Bearish; MT Bearish
Key levels Comment
1309** Intraday resistance
1295*** Intraday resistance
1287** Intraday pivot point
1281.6 Last
1262** Intraday support
1254** Intraday support
1240** Intraday support
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