Bullish Bounce

Key Levels:
Resistance: 27112.59
Pivot: 26466.67
Support: 25577.78

Preferred Case:
On the H4, with prices moving above the Ichimoku cloud, it supports our bullish bias that price will rise from the pivot at 26466.67 in line with the 38.2% Fibonacci retracement and pullback support, to the 1st overlap resistance at 27112.59 in line with the 61.8% Fibonacci retracement.

Alternative Scenario:
Price may break pivot level and drop to 1st support level at 25577.78 at the swing low.