Downside Prevails
Our Pivot: 70.05
Our Preference: Short sell below 69.65 with strict stop loss of 70.05 and target at 68.46 and 67.86.
Alternate Scenario: Upward penetration of 70.05 will call for 70.80.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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