Snap to break lower?

Snap

Short Term - We look to Sell a break of 26.32 (stop at 29.92)

Trades with a bearish descending triangle formation. We look to set shorts in early trade for a further test of the fragile looking support. The bias is still for lower levels and we look for any gains to be limited. The medium term bias remains bearish.

Our profit targets will be 18.18 and 16.10

Resistance: 40.00 / 50.00 / 60.00
Support: 27.00 / 20.00 / 15.00

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