Pivot: 1307
Our preference: Long positions above 1307 with targets @ 1332 1346 in extension.
Alternative scenario: Below 1307 look for further downside with 1297 1286 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1360
1346
1332
1313 Last
1307
1297
1286
Copyright 1999 – 2014 TRADING CENTRAL