Pivot
(invalidation):
2940.00
Our preference
Short positions below 2940.00 with targets at 2892.00 & 2856.00 in extension.
Alternative scenario
Above
2940.00 look for further upside with 2960.00 & 2987.00 as targets.
Comment
As Long as 2940.00 is resistance, expect a return to 2892.00.
