Downside Prevails
Our Pivot: 1202.7
Our Preference: Short sell below 1200.1 with strict stop loss of 1202.7 and target at 1191.0 and 1186.5.
Alternate Scenario: Upward penetration of 1202.7 will call for 1207.4.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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