Pivot: 1332.00
Our preference: SHORT positions below 1332 with targets @ 1307 1291.
Alternative scenario: The upside penetration of 1332 will call for 1346 1358.
Comment: as long as 1332 is resistance, look for choppy price action with a bearish bias.
Trend: ST Bearish; MT Bearish
Key levels Comment
1358** Intraday resistance
1346** Fib retracement (50%)
1332** Intraday pivot point
1314.2 Last
1307** Intraday support
1291** Intraday support
1272** Intraday support
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