Pivot: 78.5
Our preference: Short positions below 78.5 with targets @ 77.9 & 77.7 in extension.
Alternative scenario: Above 78.5 look for further upside with 78.9 & 79.2 as targets.
Comment: as long as the resistance at 78.5 is not surpassed, the risk of the break below 77.9 remains high.