Downside Prevails
Our Pivot: 1611.37
Our Preference: Short sell below 1592.04 with strict stop loss of 1611.37 and target at 1551.27 and 1535.25.
Alternate Scenario: Upward penetration of 1611.37 will call for 1633.59.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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