Pivot
(invalidation): 12185.00
Our preference
Short positions below 12185.00 with targets at 11845.00 & 11700.00 in extension.
Alternative scenario
Above 12185.00 look for further upside with 12300.00 & 12470.00 as targets.
Comment
The immediate trend remains down and the momentum is strong.
(By Swissquote TRADING CENTRAL)