
Pivot: 4245
Our preference: long positions above 4245 with targets at 4310 & 4330 in extension.
Alternative scenario: below 4245 look for further downside with 4230 & 4204 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4380
4330
4310
4269 Last
4245
4230
4204
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