Pivot (invalidation): 12070.00
Our preference
Long positions above 12070.00 with targets at 12245.00 & 12310.00 in extension.
Alternative scenario
Below 12070.00 look for further downside with 11990.00 & 11860.00 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up
(By Swissquote TRADING CENTRAL)
![[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project](https://c.mql5.com/6/1012/splash-preview-771691.png "[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project")
