Pivot: 60.1
Our preference: Long positions above 60.1 with targets @ 61.7 62 in extension.
Alternative scenario: Below 60.1 look for further downside with 59.4 58.95 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
62.75
62
61.7
60.84 Last
60.1
59.4
58.95
Copyright 1999 – 2015 TRADING CENTRAL