Pivot (invalidation): 1299.00
Our preference
Short positions below 1299.00 with targets at 1282.50 & 1279.50 in extension.
Alternative scenario
Above 1299.00 look for further upside with 1303.00 & 1308.00 as targets.
Comment
The RSI is bearish and calls for further decline
(By Swissquote TRADING CENTRAL)