Trading Strategy

Intraday: turning up.

long positions above 4405 with targets at 4535 & 4600 in extension.

Intraday: rebound towards 71440

rebound towards 71440.

Intraday: expect 1.1520.

short positions below 1.1555 with targets at 1.1520 & 1.1505 in extension.

Intraday: key resistance at 4470.

short positions below 4470 with targets at 4350 & 4300 in extension.

Intraday: rebound towards 71790

rebound towards 71790.

Intraday: watch 1.1520.

short positions below 1.1555 with targets at 1.1520 & 1.1505 in extension.

Intraday: rebound towards 71710

rebound towards 71710.

Intraday: target 4300.

short positions below 4470 with targets at 4350 & 4300 in extension.

Intraday: key resistance at 1.1555.

short positions below 1.1555 with targets at 1.1520 & 1.1505 in extension.

Intraday: rebound towards 71590

rebound towards 71590.

Intraday: key resistance at 4470.

short positions below 4470 with targets at 4350 & 4300 in extension.

Intraday: the downside prevails.

short positions below 4415 with targets at 4300 & 4220 in extension.

Intraday: rebound towards 72230

rebound towards 72230.

Intraday: the downside prevails as long as 1.1553 is resistance

the downside prevails as long as 1.1553 is resistance

Intraday: under pressure.

short positions below 4440 with targets at 4300 & 4220 in extension.

Intraday: rebound towards 1.1593

rebound towards 1.1593

Intraday: choppy.

short positions below 4495 with targets at 4370 & 4300 in extension.

Intraday: the downside prevails.

short positions below 1.1570 with targets at 1.1520 & 1.1500 in extension.

Intraday: the RSI is oversold

the downside prevails as long as 70920 is resistance.