Pivot (invalidation): 54.25
Our preference Short positions below 54.25 with targets at 53.15 & 52.45 in extension.
Alternative scenario Above 54.25 look for further upside with 54.80 & 55.40 as targets.
Comment As Long as the resistance at 54.25 is not surpassed, the risk of the break below 53.15 remains high.