Pivot: 1290.00
Our preference: SHORT positions below 1290 with 1230 1218 in sight.
Alternative scenario: The upside penetration of 1290 will call for 1303 1320.
Comment: the RSI is capped by a bearish trend line.
Trend: ST Bearish; MT Bearish
Key levels Comment
1320** Intraday resistance
1303** Intraday resistance
1290*** Intraday pivot point
1246.81 Last
1230** Fib projection
1218** Fib projection
1195** Fib projection
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