Pivot (invalidation): 1296.00
Our preference
Long positions above 1296.00 with targets at 1302.00 & 1304.50 in extension.
Alternative scenario
Below 1296.00 look for further downside with 1293.00 & 1290.00 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)