Friday, September 13, 2013

SGX Rubber Futures RSS3 Intraday: under pressure.

Pivot: 270

Our preference: Short positions below 270 with targets @ 250 & 243.5 in extension.

Alternative scenario: Above 270 look for further upside with 274.2 & 280.6 as targets.

Comment: the RSI is capped by a bearish trend line.
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