Pivot: 21.95
Our preference: SHORT positions below 21.95 with 21.2 20.6 as next targets.
Alternative scenario: The upside breakout of 21.95 will open the way to 22.45 23.
Comment: as long as 21.95 is resistance, look for choppy price action with a bearish bias.
Trend: ST Bearish; MT Bearish
Key levels Comment
23 Intraday resistance
22.45 Intraday resistance
21.95 Intraday pivot point
21.727 Last
21.2 Intraday support
20.6 Intraday support
20.3 Intraday support
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