Trading Strategy

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.

Short Term: watch 4260.

short positions below 4850 with targets at 4260 & 4100 in extension.

Middle Term: key resistance at 5000.

short positions below 5000 with targets at 4100 & 3880 in extension.

Intraday: watch 4590.

short positions below 4690 with targets at 4620 & 4590 in extension.

Intraday: the downside prevails as long as 70200 is resistance

the downside prevails as long as 70200 is resistance.

Intraday: bullish bias above 1.1520.

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

Intraday: key resistance at 4690.

short positions below 4690 with targets at 4620 & 4590 in extension.

Intraday: below its lower Bollinger band

the downside prevails as long as 69940 is resistance.