Pivot (invalidation): 16.75
Our preference Short positions below 16.75 with targets at 15.20 & 14.40 in extension.
Alternative scenario Above 16.75 look for further upside with 17.50 & 18.20 as targets.
Comment As Long as the resistance at 16.75 is not surpassed, the risk of the break below 15.20 remains high.
