Downside Prevails
Our Pivot: 1229.00
Our Preference: Short sell below 1226.00 with strict stop loss of 1229.00 and target at 1218.41 and 1214.087.
Alternate Scenario: Upward penetration of 1229.08 will call for 1233.12.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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