Trading Strategy

Intraday: intraday support around 4620.

long positions above 4620 with targets at 4705 & 4750 in extension.

Intraday: the upside prevails as long as 1.1548 is support

the upside prevails as long as 1.1548 is support

Intraday: the downside prevails as long as 69400 is resistance

the downside prevails as long as 69400 is resistance.

Intraday: further advance.

long positions above 1.1535 with targets at 1.1575 & 1.1605 in extension.

Intraday: below its lower Bollinger band

rebound towards 70690.

Short Term: our next up target stands at 82590

our next up target stands at 82590.

Intraday: continuation of the rebound.

long positions above 4640 with targets at 4705 & 4750 in extension.

Intraday: continuation of the rebound.

long positions above 1.1535 with targets at 1.1605 & 1.1625 in extension.

Intraday: rebound towards 71760

rebound towards 71760.

Intraday: the downside prevails.

short positions below 4675 with targets at 4615 & 4590 in extension.

Short Term: key resistance at 78400.

short positions below 78400 with targets at 63000 & 52700 in extension.

Intraday: short term rebound

short term rebound.

Intraday: the downside prevails as long as 70000 is resistance

the downside prevails as long as 70000 is resistance.

Intraday: key resistance at 4680.

short positions below 4680 with targets at 4615 & 4590 in extension.

Intraday: turning down.

short positions below 1.1555 with targets at 1.1515 & 1.1500 in extension.

Intraday: the downside prevails as long as 70050 is resistance

the downside prevails as long as 70050 is resistance.

Intraday: the downside prevails.

short positions below 4680 with targets at 4615 & 4590 in extension.

Intraday: consolidation.

long positions above 1.1520 with targets at 1.1555 & 1.1570 in extension.

Intraday: the downside prevails as long as 69700 is resistance

the downside prevails as long as 69700 is resistance.