Downside Prevails
Our Pivot: 1235.0
Our Preference: Short sell below 1229.0 with strict stop loss of 1235.0 and target at 1220.0 and 1216.0.
Alternate Scenario: Upward penetration of 1235.0 will call for 1241.0.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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