Downside Prevails
Our Pivot: 1204.83
Our Preference: Short sell below 1200.24 with strict stop loss of 1204.83 and target at 1193.00 and 1189.00.
Alternate Scenario: Upward penetration of 1204.83 will call for 1211.24.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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