I can see a strong support zone [1278.xx - 1289.xx] combined by the Fib 38.2 and the MA200 is near below the current price.
The question is whether market will make a bounce first and visit this support zone later or it will do the opposite?
I still have no answer yet. But what I seemed notice from the global markets is the index will not able to print itself in green if DAX and CAC 40 are dipped more than -0.50%.
My trading plan on the chart
I would like to apply the same tactics that proved working well yesterday.
Long or short depending on the direction of the price.
Long if price can break out the down-slope violet line.
Short if this violet line remains intact.