Last week again gave us no direction. On announcement of Austrias election fraud we got a boost into the close. This weeks opening above 1337.73 puts 1350.91 as the first target. Just above we have BREXIT high providing pivotal resistance at 1358.80. That is followed by cyclical resistance at 1379.91 and pivotal at 1392.08. To the downside we have cyclical support starting at 1310.85, last weeks low at 1305.50 and then a gap down to double cyclical support at 1283.44. This is followed by a further gap down to a group of support starting with cyclical at 1261.82, 1241.23 and 1227.56 with pivotal at 1250.65.
The pre BREXIT low could be noise......... Until 1310.85 is broken the trend is up om the weekly interval.