Downside Prevails
Our Pivot: 1609.03
Our Preference: Short sell below 1594.09 with strict stop loss of 1609.03 and target at 1572.23 and 1563.81.
Alternate Scenario: Upward penetration of 1609.03 will call for 1633.89.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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