Pivot (invalidation): 12394.00
Our preference Short positions below 12394.00 with targets at 12300.00 & 12245.00 in extension.
Alternative scenario Above 12394.00 look for further upside with 12434.00 & 12456.00 as targets.
Comment As Long as the resistance at 12394.00 is not surpassed, the risk of the break below 12300.00 remains high.