Pivot: 1270.00
Our preference: SHORT positions below 1270 with 1239 1222 in sight.
Alternative scenario: The upside penetration of 1270 will call for a rebound towards 1279 1286.
Comment: a break below 1239 would trigger a drop towards 1222.
Trend: ST Bullish; MT Range
Key levels Comment
1286** Intraday resistance
1279** Intraday resistance
1270*** Intraday pivot point
1248.04 Last
1239** Intraday support
1222*** Intraday support
1209** Intraday support
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