Pivot: 24.05
Our preference: SHORT positions below 24.05 with 23.05 22.6 as next targets.
Alternative scenario: The upside breakout of 24.05 will open the way to 24.37 24.8.
Comment: the RSI is mixed with a bearish bias.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
24.8** Intraday resistance
24.37** Intraday resistance
24.05** Intraday pivot point
23.65 Last
23.05** Fib retracement (61.8%)
22.6* Intraday support
22** Intraday support
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