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Short positions below 61.50 with targets at 60.55 & 60.00 in extension.
Pivot: 61.50
Our preference: short positions below 61.50 with targets at 60.55 & 60.00 in extension.
Alternative scenario: above 61.50 look for further upside with 61.80 & 62.05 as targets.
Comment: investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
62.05
61.80
61.50
60.72 Last
60.55
60.00
59.60