Key Resistance @ 1290
Our Pivot: 1290
Our Preference: Short sell below 1280 with strict stop loss of 1290 and target at 1267 and 1263.
Alternate Scenario: Upward penetation of 1290 will call for 1297 and 1303.
NOTE: Capped by negative trend lines.
Chart with Supports and Resistances:

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