Downside Prevails
Our Pivot: 1221.02
Our Preference: Short sell below 1217.80 with strict stop loss of 1221.02 and target at 1210.22 and 1207.18.
Alternate Scenario: Upward penetration of 1221.02 will call for 1226.33.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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