Downside Prevails
Our Pivot: 1199.0
Our Preference: Short sell below 1196.0 with strict stop loss of 1199.0 and target at 1186.0 and 1182.0.
Alternate Scenario: Upward penetration of 1199.0 will call for 1204.0.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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