Key Resistance @ 50.16
Our Pivot: 50.16
Our Preference: Short sell below 49.67 with strict stop loss of 50.16 and target at 49.23 and 49.03.
Alternate Scenario: Upward penetration of 50.16 will call for 50.61.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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