The break above 123.50 Friday, made the correction from 122.08 a bit more complex. As long as 123.06 isn't broken to the downside one more rally higher towards 124.30 can't be excluded. From 124.30 or a break below 123.06 we should see support at 122.80 challanged soon for a continuation down to at least 121.19, but a more likely target would be the 118.75 - 119.47 area.At no time should we see a break above 124.76, as that would call for a move higher towards 126-127 area.
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