Pivot (invalidation): 55.25
Our preference Short positions below 55.25 with targets at 54.35 & 54.05 in extension.
Alternative scenario Above 55.25 look for further upside with 55.80 & 56.20 as targets.
Comment As Long as the resistance at 55.25 is not surpassed, the risk of the break below 54.35 remains high.