Pivot: 5340
Our preference: long positions above 5340 with targets @ 5415 & 5450 in extension.
Alternative scenario: below 5340 look for further downside with 5302 & 5270 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
5500
5450
5415
5366 Last
5340
5302
5270
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