Update on supports and resistances. ( 29/08/2011 )
Pivot: 42.00
Our Preference: SHORT positions below 42 with targets @ 40.5 & 40.1.
Alternative scenario: The upside penetration of 42 will call for 42.45 & 43.05.
Comment: the index currently faces a challenging resistance area at 41.5.
Key levels Comment
43.05**
42.45**
42**
41.16 Last
40.5**
40.1**
38.75**
