Pivot: 124.5
Our preference: Short positions below 124.5 with targets @ 124.05 123.85 in extension.
Alternative scenario: Above 124.5 look for further upside with 124.85 125 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
125 ***
124.85 **
124.5 **
124.36 Last
124.05 ***
123.85 **
123.7 ***
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