Pivot: 1332
Our preference: Short positions below 1332 with targets @ 1235 1180 in extension.
Alternative scenario: Above 1332 look for further upside with 1390 1434 as targets.
Comment: The RSI is bearish and calls for further downside. The 1272 support is broken.
Supports and resistances:
1434
1390
1332
1248.15 Last
1235
1180
1080
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