Pivot: 1422.00
Our preference: SHORT positions below 1422 with targets @ 1395 1384.
Alternative scenario: The upside penetration of 1422 will call for a rebound towards 1430 1440.
Comment: the RSI is below its neutrality area at 50%
Trend: ST Bullish; MT Ltd upside
Key levels Comment
1440* Fib projection
1430** Intraday resistance
1422*** Intraday resistance
1409.17 Last
1395** Intraday pivot point
1384** Intraday support
1378** Intraday support
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