Pivot: 23.05
Our preference: SHORT positions below 23.05 with targets @ 22.45 22.
Alternative scenario: The upside breakout of 23.05 will open the way to 23.5 23.75.
Comment: the RSI is capped by a bearish trend line.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
23.75** Intraday resistance
23.5** Intraday resistance
23.05** Intraday pivot point
22.647 Last
22.45** Intraday support
22*** Previous low
21.8** Fib projection
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