Pivot: 5110
Our preference: long positions above 5110 with targets @ 5200 & 5225 in extension.
Alternative scenario: below 5110 look for further downside with 5075 & 5040 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
5250
5225
5200
5140 Last
5110
5075
5040
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