The bias remains bullish.
Pivot (invalidation): 11950.00
Long positions above 11950.00 with targets at 12130.00 & 12210.00 in extension.
Below 11950.00 look for further downside with 11880.00 & 11800.00 as targets.
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
The upside prevails.
Pivot (invalidation): 2892.00
Long positions above 2892.00 with targets at 2916.75 & 2925.00 in extension.
Below 2892.00 look for further downside with 2880.00 & 2866.00 as targets.
The RSI is supported by a bullish trend line.
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