Pivot: 19.80
Our preference: SHORT positions below 19.8 with targets @ 19.1 18.85.
Alternative scenario: The upside penetration of 19.8 will call for a rebound towards 20.15 20.5.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Ltd downside; MT Ltd downside
Key levels Comment
20.5 Intraday resistance
20.15 Intraday resistance
19.8 Intraday resistance
19.481 Last
19.1 Intraday pivot point
18.85 Intraday support
18.6 Intraday support
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