Downside Prevails
Our Pivot: 1192.8
Our Preference: Short sell below 1188.5 with strict stop loss of 1192.8 and target at 1180.5 and 1176.5.
Alternate Scenario: Upward penetration of 1192.8 will call for 1198.8.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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