Pivot: 1398.00
Our preference: SHORT positions below 1398 with 1374 1368 as next targets.
Alternative scenario: The upside penetration of 1398 will call for a rebound towards 1405 1411.
Comment: as long as 1398 is resistance, likely decline to 1374.
Trend: ST Bullish; MT Ltd upside
Key levels Comment
1411** Intraday resistance
1405** Intraday resistance
1398*** Intraday pivot point
1391.6 Last
1374** Intraday support
1368** Intraday support
1355** Intraday support
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