Trading Strategy

Intraday: the downside prevails as long as 122230 is resistance

the downside prevails as long as 122230 is resistance.

Intraday: the downside prevails as long as 1.1580 is resistance

the downside prevails as long as 1.1580 is resistance

Intraday: the RSI is oversold

the downside prevails as long as 1.1585 is resistance

Intraday: intraday support around 3998.00.

long positions above 3998.00 with targets at 4060.00 & 4100.00 in extension.

Intraday: the RSI is oversold

the downside prevails as long as 1.1607 is resistance

Intraday: the RSI is oversold

the downside prevails as long as 1.1613 is resistance

Intraday: above its upper Bollinger band

the upside prevails as long as 121910 is support.

Intraday: the upside prevails.

long positions above 3998.00 with targets at 4060.00 & 4100.00 in extension.

Intraday: choppy.

short positions below 1.1645 with targets at 1.1595 & 1.1575 in extension.

Intraday: up turn.

long positions above 3998.00 with targets at 4060.00 & 4100.00 in extension.

Intraday: the downside prevails.

short positions below 1.1645 with targets at 1.1595 & 1.1575 in extension.

Intraday: the downside prevails as long as 122670 is resistance

the downside prevails as long as 122670 is resistance.

Intraday: key resistance at 4049.00.

short positions below 4049.00 with targets at 4000.00 & 3985.00 in extension.

Intraday: the downside prevails as long as 123210 is resistance

the downside prevails as long as 123210 is resistance.

Intraday: continuation of the rebound.

long positions above 1.1620 with targets at 1.1660 & 1.1680 in extension.

Intraday: consolidation.

short positions below 4049.00 with targets at 4000.00 & 3985.00 in extension.

Intraday: the downside prevails as long as 123110 is resistance

the downside prevails as long as 123110 is resistance.

Intraday: consolidation.

short positions below 4049.00 with targets at 4000.00 & 3985.00 in extension.

Intraday: further advance.

long positions above 1.1620 with targets at 1.1660 & 1.1680 in extension.