Downside Prevails
Our Pivot: 1202.07
Our Preference: Short sell below 1198.89 with strict stop loss of 1202.07 and target at 1192.03 and 1188.96.
Alternate Scenario: Upward penetration of 1206.90 will call for 1212.39.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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