Pivot (invalidation): 54.00
Our preference Short positions below 54.00 with targets at 52.10 & 51.45 in extension.
Alternative scenario Above 54.00 look for further upside with 54.75 & 55.70 as targets.
Comment As Long as the resistance at 54.00 is not surpassed, the risk of the break below 52.10 remains high.