Downside Prevails
Our Pivot: 1209.7
Our Preference: Short sell below 1205.4 with strict stop loss of 1209.7 and target at 1198.4 and 1194.8.
Alternate Scenario: Upward penetration of 1209.7 will call for 1216.0.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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