Pivot: 22.10
Our preference: SHORT positions below 22.1 with 20.65 20.2 as next targets.
Alternative scenario: The upside penetration of 22.1 will call for 22.8 23.05.
Comment: as long as 22.1 is resistance, likely decline to 20.65.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
23.05** Intraday resistance
22.8** Intraday resistance
22.1*** Intraday pivot point
21.398 Last
20.65*** Fib projection
20.2** Previous low
19.35*** Horizontal support
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