Pivot (invalidation): 54.60
Our preference Short positions below 54.60 with targets at 53.90 & 53.70 in extension.
Alternative scenario Above 54.60 look for further upside with 55.00 & 55.55 as targets.
Comment As Long as the resistance at 54.60 is not surpassed, the risk of the break below 53.90 remains high.