Pivot: 21.95
Our preference: LONG positions above 21.95 with targets @ 23.2 23.8.
Alternative scenario: The downside breakout of 21.95 will open the way to 21.7 21.3.
Comment: the RSI is mixed with a bullish bias.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
24.15** Intraday resistance
23.8** Intraday resistance
23.2** Intraday resistance
22.529 Last
21.95** Intraday pivot point
21.7** Fib retracement (50%)
21.3** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL