Pivot: 1309.00
Our preference: SHORT positions below 1309 with targets @ 1266 1244.
Alternative scenario: The upside penetration of 1309 will call for a rebound towards 1328 1339.
Comment: the break below 1309 is a negative signal that has opened a path to 1266.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
1339** Horizontal resistance
1328** Horizontal resistance
1309*** Intraday pivot point
1291.7 Last
1266** Intraday support
1244** Fib retracement (61.8%)
1208** Intraday support
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