Pivot: 1272.00
Most Likely Scenario: long positions above 1272.00 with targets @ 1293.00 & 1303.00 in extension.
Alternative scenario: below 1272.00 look for further downside with 1257.00 & 1246.00 as targets.
Comment: a support base at 1272.00 has formed and has allowed for a temporary stabilisation.
Most Likely Scenario: long positions above 1272.00 with targets @ 1293.00 & 1303.00 in extension.
Alternative scenario: below 1272.00 look for further downside with 1257.00 & 1246.00 as targets.
Comment: a support base at 1272.00 has formed and has allowed for a temporary stabilisation.