Pivot: 1235
Our preference: Short positions below 1235 with targets @ 1221.5 1208 in extension.
Alternative scenario: Above 1235 look for further upside with 1240 1246 as targets.
Comment: As long as 1235 is resistance, likely decline to 1221.5.
Supports and resistances:
1246
1240
1235
1230.2 Last
1221.5
1208
1200
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