Pivot: 1405.00
Our preference: SHORT positions below 1405 with targets @ 1392 1384.
Alternative scenario: The upside penetration of 1405 will call for 1416 1422.
Comment: as long as 1405 is resistance, look for choppy price action with a bearish bias.
Trend: ST Bullish; MT Ltd upside
Key levels Comment
1422** Intraday resistance
1416** Intraday resistance
1405*** Intraday pivot point
1394.74 Last
1392** Intraday support
1384*** Intraday support
1378** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL