0
73
Pivot
(invalidation):
1504.00
Our preference
Long positions above 1504.00 with targets at 1517.00 & 1519.50 in extension.
Alternative scenario
Below
1504.00 look for further downside with 1499.50 & 1495.50 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited