Our preference: sales position below 147.20 with targets at 146.45 & 146.00 in extension.
Alternative scenario: in excess of 147,20, aim for a continuation of the rise with 147,60 & 148,00 in line of sight.
Comment: The RSI is bearish and militates for a continuation of the decline.
Alternative scenario: in excess of 147,20, aim for a continuation of the rise with 147,60 & 148,00 in line of sight.
Comment: The RSI is bearish and militates for a continuation of the decline.