Downside Prevails
Our Pivot: 1197.4
Our Preference: Short sell below 1194.4 with strict stop loss of 1197.4 and target at 1188.9 and 1185.0.
Alternate Scenario: Upward penetration of 1197.4 will call for 1201.2.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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