Trading Strategy

Short Term: the downside prevails.

short positions below 81900 with targets at 68580 & 63050 in extension.

Intraday: the downside prevails as long as 73950 is resistance

the downside prevails as long as 73950 is resistance.

Intraday: key resistance at 1.1670.

short positions below 1.1670 with targets at 1.1625 & 1.1610 in extension.

Intraday: turning down.

short positions below 4545 with targets at 4490 & 4465 in extension.

Intraday: watch 1.1625.

short positions below 1.1670 with targets at 1.1625 & 1.1610 in extension.

Intraday: our next up target stands at 75170

our next up target stands at 75170.

Intraday: caution.

long positions above 4515 with targets at 4550 & 4570 in extension.

Short Term: bullish bias above 1.1550.

long positions above 1.1550 with targets at 1.1800 & 1.1930 in extension.

Intraday: turning down.

short positions below 1.1670 with targets at 1.1625 & 1.1610 in extension.

Intraday: below its lower Bollinger band

the downside prevails as long as 73840 is resistance.

Intraday: supported by a rising trend line.

long positions above 4515 with targets at 4570 & 4595 in extension.

Short Term: consolidation in place.

short positions below 4855 with targets at 4260 & 4100 in extension.

Intraday: bullish bias above 1.1640.

long positions above 1.1640 with targets at 1.1670 & 1.1685 in extension.

Intraday: rebound towards 75170

rebound towards 75170.

Intraday: 4570 in sight.

long positions above 4515 with targets at 4570 & 4595 in extension.

Intraday: the downside prevails as long as 74180 is resistance

the downside prevails as long as 74180 is resistance.

Intraday: the upside prevails as long as 73370 is support

the upside prevails as long as 73370 is support.

Intraday: the upside prevails as long as 73260 is support

the upside prevails as long as 73260 is support.

Intraday: look for a drop towards 72780 before a bounce

look for a drop towards 72780 before a bounce.