Pivot
(invalidation): 12790.00
Our preference
Long positions above 12790.00 with targets at 13030.00 & 13098.00 in extension.
Alternative scenario
Below 12790.00 look for further downside with 12700.00 & 12599.00 as targets.
Comment
The immediate trend remains up but the momentum is weak.
(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")
