Pivot: 1320.00
Our preference: SHORT positions below 1320 with targets @ 1297 1288.
Alternative scenario: The upside penetration of 1320 will call for a rebound towards 1331 1343.
Comment: as long as 1320 is resistance, likely decline to 1297.
Trend: ST Bearish; MT Bearish
Key levels Comment
1343** Intraday resistance
1331*** Intraday resistance
1320** Intraday pivot point
1313.98 Last
1297** Intraday support
1288** Intraday support
1274** Intraday support
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