Under Pressure
Our Pivot: 49.91
Our Preference: Short sell below 49.11 with strict stop loss of 49.91 and target at 48.19 and 47.63.
Alternate Scenario: Upward penetration of 49.91 will call for 50.25.
NOTE: Supportive trend line penetrated in bearish direction.
Chart with Supports and Resistances:
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