Downside Prevails
Our Pivot: 1611.40
Our Preference: Short sell below 1592.044 with strict stop loss of 1611.40 and target at 1553.44 and 1535.25.
Alternate Scenario: Upward penetration of 1611.40 will call for 1633.59.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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