Downside Prevails
Our Pivot: 1199.09
Our Preference: Short sell below 1195.75 with strict stop loss of 1199.09 and target at 1189.35 and 1186.25.
Alternate Scenario: Upward penetration of 1199.09 will call for 1204.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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