Downside Prevails
Our Pivot: 1205.30
Our Preference: Short sell below 1200.75 with strict stop loss of 1205.30 and target at 1193.50 and 1189.50.
Alternate Scenario: Upward penetration of 1205.30 will call for 1211.75.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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