Pivot: 1377.00

Our preference: LONG positions above 1377 with targets @ 1398 & 1419.

Alternative scenario: The downside penetration of 1377 will call for a slide towards 1354 & 1336.

Comment: the next resistances are at 1398 and then at 1419.

Trend: ST Bearish; MT Bearish

Key levels Comment

1430** Fib retracement (61.8%)
1419*** Intraday resistance
1398** Intraday resistance
1387 Last
1377** Intraday pivot point
1354** Intraday support
1336** Intraday support