Pivot: 1300.00
Our preference: SHORT positions below 1300 with 1267 1247 as next targets.
Alternative scenario: The upside breakout of 1300 will open the way to 1320 1338.
Comment: a break below 1267 would trigger a drop towards 1247.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
1338** Fib retracement (61.8%)
1320** Intraday resistance
1300*** Intraday pivot point
1277.11 Last
1267** Intraday support
1247** Intraday support
1226** Fib retracement (61.8%)
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