As the market has made a good downward movement already, trading in the same direction is not a good idea. But catching reversals from one of the possible support zones, why not?
If the price bounces from 1290.00 or 1280.00 support levels, the reversal signals can be used for buying with profit targets at 1300.00 or higher levels. For confirmation the further uptrend, the price will have to break the downtrend line and make a new swing high.
Signals from indicators confirm the reversal from the and the downward movement.