Pivot: 19.90
Our preference: SHORT positions below 19.9 with 19.2 18.9 as next targets.
Alternative scenario: The upside penetration of 19.9 will call for a rebound towards 20.1 20.3.
Comment: as long as the resistance at 19.9 is not surpassed, the risk of the break below 19.2 remains high.
Trend: ST Bearish; MT Ltd downside
Key levels Comment
20.3 Intraday resistance
20.1 Intraday resistance
19.9 Intraday pivot point
19.75 Last
19.2 Intraday support
18.9 Intraday support
18.7 Intraday support
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