Pivot (invalidation): 11960.00
Our preference
Short positions below 11960.00 with targets at 11829.00 & 11780.00 in extension.
Alternative scenario
Above 11960.00 look for further upside with 12030.00 & 12110.00 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
