Pivot: 24.20
Our preference: SHORT positions below 24.2 with 23.35 23.05 in sight.
Alternative scenario: The upside penetration of 24.2 will call for 24.4 24.7.
Comment: the break below the rising trend line is a negative signal. In addition, the RSI is bearish and calls for further decline.
Trend: ST Bullish; MT Range
Key levels Comment
24.7** Intraday resistance
24.4*** Intraday resistance
24.2** Intraday pivot point
23.798 Last
23.35** Intraday support
23.05** Intraday support
22.45** Intraday support
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