Pivot: 1224.00
Our preference: LONG positions above 1224 with targets @ 1258 1279.
Alternative scenario: The downside penetration of 1224 will call for a slide towards 1212 1194.
Comment: the next resistances are at 1258 and then at 1279.
Trend: ST Bearish; MT Ltd downside
Key levels Comment
1294** Intraday resistance
1279** Intraday resistance
1258*** Intraday resistance
1239.76 Last
1224** Intraday pivot point
1212** Intraday support
1194** Intraday support
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