Key Resistance @ 1283.30
Our Pivot: 1283.30
Our Preference: Short sell below 1278 with strict stop loss of 1283.30 and target at 1270 and 1266.
Alternate Scenario: Upward penetration of 1283.30 will call for 1287 and 1295.
NOTE: Capped by a resistant trend line.
Chart with Supports and Resistances:

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