Pivot: 20.90
Our preference: SHORT positions below 20.9 with 20.42 20.25 in sight.
Alternative scenario: The upside penetration of 20.9 will call for a rebound towards 21.05 21.3.
Comment: as long as 20.9 is resistance, look for choppy price action with a bearish bias.
Trend: ST Bullish; MT Range
Key levels Comment
21.3 Intraday resistance
21.05 Intraday resistance
20.9 Intraday pivot point
20.706 Last
20.42 Intraday support
20.25 Intraday support
20.1 Intraday support
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