Pivot: 1577.50
Our preference: SHORT positions below 1577.5 with 1563 1556 as next targets.
Alternative scenario: The upside breakout of 1577.5 will open the way to 1585 1592.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Ltd downside; MT Range
Key levels Comment
1592** Horizontal resistance
1585** Intraday resistance
1577.5*** Intraday pivot point
1567.2 Last
1563** Intraday support
1556** Intraday support
1551** Fib projection
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