Pivot: 27.85
Our preference: SHORT positions below 27.85 with 26.95 26.45 in sight.
Alternative scenario: The upside penetration of 27.85 will call for 28.4 28.6.
Comment: the RSI advocates for further decline.
Trend: ST Ltd downside; MT Range
Key levels Comment
28.6** Intraday resistance
28.4** Intraday resistance
27.85** Intraday pivot point
27.07 Last
26.95** Fib projection
26.45* Fib projection
26.15** Fib projection
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