Downside Prevails
Our Pivot: 1216.00
Our Preference: Short sell below 1212.07 with strict stop loss of 1216.00 and target at 1205.00 and 1221.00.
Alternate Scenario: Upward penetration of 1216.00 will call for 1221.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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