Pivot: 1274.00
Our preference: SHORT positions below 1274 with 1256 1252 in sight.
Alternative scenario: The upside penetration of 1274 will call for a rebound towards 1279 1286.
Comment: the immediate trend remains down and the momentum is strong.
Trend: ST Bullish; MT Range
Key levels Comment
1286** Intraday resistance
1279** Intraday resistance
1274*** Intraday pivot point
1263.36 Last
1256** Intraday support
1252*** Intraday support
1239** Intraday support
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