Pivot: 1257.00
Most Likely Scenario: long positions above 1257.00 with targets @ 1276.00 & 1282.00 in extension.
Alternative scenario: below 1257.00 look for further downside with 1246.00 & 1234.50 as targets.
Comment: a support base at 1257.00 has formed and has allowed for a temporary stabilization
.
Most Likely Scenario: long positions above 1257.00 with targets @ 1276.00 & 1282.00 in extension.
Alternative scenario: below 1257.00 look for further downside with 1246.00 & 1234.50 as targets.
Comment: a support base at 1257.00 has formed and has allowed for a temporary stabilization
.