Pivot: 1279
Our preference: Long positions above 1279 with targets @ 1291 1296 in extension.
Alternative scenario: Below 1279 look for further downside with 1274 1266 as targets.
Comment: A support base at 1279 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1302
1296
1291
1280 Last
1279
1274
1266
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