Pivot (invalidation): 1211.50
Our preference
Short positions below 1211.50 with targets at 1204.00 & 1200.00 in extension.
Alternative scenario
Above 1211.50 look for further upside with 1217.00 & 1220.00 as targets.
Comment
The RSI advocates for further decline.
(By Swissquote TRADING CENTRAL)