Downside Prevails
Our Pivot: 1226.5
Our Preference: Short sell below 1223.5 with strict stop loss of 1226.5 and target at 1218.0 and 1214.8.
Alternate Scenario: Upward penetration of 1226.5 will call for 1230.0.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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