Pivot (invalidation): 12340.00
Our preference
Long positions above 12340.00 with targets at 12460.00 & 12530.00 in extension.
Alternative scenario
Below 12340.00 look for further downside with 12290.00 & 12230.00 as targets.
Comment
The RSI calls for a bounce.
(By Swissquote TRADING CENTRAL)