Downside Prevails
Our Pivot: 1208.36
Our Preference: Short sell below 1204.96 with strict stop loss of 1208.36 and target at 1199.47 and 1195.49.
Alternate Scenario: Upward penetration of 1208.36 will call for 1212.32.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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