Pivot (invalidation): 52.90
Our preference Short positions below 52.90 with targets at 51.70 & 50.90 in extension.
Alternative scenario Above 52.90 look for further upside with 53.45 & 54.00 as targets.
Comment As Long as the resistance at 52.90 is not surpassed, the risk of the break below 51.70 remains high.