Downside Prevails
Our Pivot: 1218.20
Our Preference: Short sell below 1221.00 with strict stop loss of 1218.20 and target at 1225.70 and 1228.00.
Alternate Scenario: Upward penetration of 1218.20 will call for 1215.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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