Pivot: 16.38
Our preference: Short positions below 16.38 with targets @ 16.05 15.9 in extension.
Alternative scenario: Above 16.38 look for further upside with 16.6 16.79 as targets.
Comment: As long as the resistance at 16.38 is not surpassed, the risk of the break below 16.05 remains high.
Supports and resistances:
16.79 **
16.6 **
16.38 ***
16.20 Last
16.05 **
15.9 **
15.8 **
Copyright 1999 – 2015 TRADING CENTRAL