Pivot: 1505.00
Our preference:
long positions above 1505.00 with targets at 1610.00 & 1695.00 in extension.
Alternative scenario:
below 1505.00 looks for further downside with 1445.00 & 1400.00 as targets.
Comment:
the RSI lacks downward momentum.
Our preference:
long positions above 1505.00 with targets at 1610.00 & 1695.00 in extension.
Alternative scenario:
below 1505.00 looks for further downside with 1445.00 & 1400.00 as targets.
Comment:
the RSI lacks downward momentum.
