Pivot: 20.50
Our preference: SHORT positions below 20.5 with 19.65 19.25 as next targets.
Alternative scenario: The upside penetration of 20.5 will call for a rebound towards 20.7 21.
Comment: the immediate trend remains down and the momentum is strong.
Trend: ST Range; MT Range
Key levels Comment
21 Intraday resistance
20.7 Intraday resistance
20.5 Intraday pivot point
19.939 Last
19.65 Intraday support
19.25 Intraday support
18.95 Intraday support
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