Downside Prevails
Our Pivot: 1212.00
Our Preference: Short sell below 1208.00 with strict stop loss of 1212.00 and target at 1200.50 and 1196.50.
Alternate Scenario: Upward penetration of 1212.00 will call for 1216.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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