Downside Prevails
Our Pivot: 1322.71
Our Preference: Short sell below 1318.71 with strict stop loss of 1322.71 and target at 1310.58 and 1307.13.
Alternate Scenario: Upward penetration of 1322.71 will call for 1327.67.
NOTE: Capped by a negative trend line
Chart with Supports and Resist
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