Pivot (invalidation): 12310.00
Our preference
Long positions above 12310.00 with targets at 12440.00 & 12500.00 in extension.
Alternative scenario
Below 12310.00 look for further downside with 12240.00 & 12190.00 as targets.
Comment
The RSI is bullish and calls for further advance.
(By Swissquote TRADING CENTRAL)