Pivot: 100.15.
Our preference: SHORT positions below 100.15 with 99.2 98.9 in sight.
Alternative scenario: The upside penetration of 100.15 will call for 100.65 100.85.
Comment: even if a limited recovery can not be ruled out (triggered by a bullish divergence on the RSI) the upside potentiel is limited by the 100.15 strong resistance.
Trend: ST Consolidation; MT Bullish
Key levels Comment
100.85* Intraday resistance
100.65** Intraday resistance
100.15*** Intraday pivot point
99.47 Last
99.2* Intraday support
98.9** Intraday support
98.55** Intraday support
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