Pivot: 1220
Our preference: Short positions below 1220 with targets @ 1201 1190.5 in extension.
Alternative scenario: Above 1220 look for further upside with 1223 1229.6 as targets.
Comment: As long as 1220 is resistance, likely decline to 1201.
Supports and resistances:
1229.6 **
1223 **
1220 ***
1210.15 Last
1201 **
1190.5 **
1185 **
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