Pivot (invalidation): 11050.00
Our preference
Long positions above 11050.00 with targets at 11180.00 & 11220.00 in extension.
Alternative scenario
Below 11050.00 look for further downside with 11005.00 & 10918.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
