Pivot: 1478.00
Our preference: SHORT positions below 1478 with 1459 1450 in sight.
Alternative scenario: The upside breakout of 1478 will open the way to 1488 1507.
Comment: as long as 1478 is resistance, look for choppy price action with a bearish bias.
Trend: ST Bearish; MT Bearish
Key levels Comment
1507** Intraday resistance
1488*** Previous high
1478** Intraday pivot point
1469.93 Last
1459** Intraday support
1450** Intraday support
1441** Previous low
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