Pivot: 1198
Our preference: Short positions below 1198 with targets @ 1184 1178 in extension.
Alternative scenario: Above 1198 look for further upside with 1205 1209 as targets.
Comment: The index currently faces a challenging resistance area at 1198.
Supports and resistances:
1209
1205
1198
1194 Last
1184
1178
1173
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