Pivot: 19.90
Our preference: SHORT positions below 19.9 with 18.85 18.6 in sight.
Alternative scenario: The upside penetration of 19.9 will call for a rebound towards 20.45 20.95.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Ltd downside; MT Ltd downside
Key levels Comment
20.95 Intraday resistance
20.45 Intraday resistance
19.9 Intraday pivot point
19.24 Last
18.85 Intraday support
18.6 Intraday support
18.15 Intraday support
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