According to conclusions from the daily time-frame, on local structure we have to note potential pivot-levels, where a downward reversal can take place. Such zones are current quotes (1300.00-1301.80 area) and also regions 1304.00-1305.00, 1307.00-1308.00. Probable short-signals, that might be formed at these zones, will have higher likelihood of successful execution.
So, we expect start of strong downswing form the zones 1304.00-1305.00, 1307.00-1308.00. Level 1290.00 can be the target of decline.
Shorts from the 1304.00-1305.00, 1307.00-1308.00 regions towards 1290.00.