Pivot: 1530.00
Our preference: SHORT positions below 1530 with 1480 1465 in sight.
Alternative scenario: The upside penetration of 1530 will call for a rebound towards 1541 1553.
Comment: the immediate trend remains down and the momentum is strong.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
1553** Intraday resistance
1541*** Fib retracement (50%)
1530** Intraday pivot point
1487.18 Last
1480** Intraday support
1465** Intraday support
1430*** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL