Pivot: 20.05
Our preference: LONG positions above 20.05 with targets @ 20.7 21.2.
Alternative scenario: The downside breakout of 20.05 will open the way to 19.75 19.25.
Comment: the RSI lacks downward momentum.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
21.41** Intraday resistance
21.2** Fib projection
20.7** Intraday resistance
20.33 Last
20.05*** Intraday pivot point
19.75** Fib retracement (61.8%)
19.25** Intraday support
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