Pivot: 1270.00
Our preference: SHORT positions below 1270 with targets @ 1222 1209.
Alternative scenario: The upside penetration of 1270 will call for 1279 1286.
Comment: the immediate trend remains down and the momentum is strong.
Trend: ST Bearish; MT Ltd downside
Key levels Comment
1286** Intraday resistance
1279** Intraday resistance
1270*** Intraday pivot point
1241.3 Last
1222*** Intraday support
1209** Intraday support
1180** Intraday support
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