An erratic session to begin Q2, but a dip and bounce reinforces the upside threat, with support holding at 11828 and the trend line (at 11790 on the open).
The latter March rebound from this trend line support (from then 11650), rejected a more bearish shift and sees risk higher in early April.
- We see an upside bias for 12154; break here aims for the 12243 record high.
- But below 11870 and 11828 opens risk down to the trend line (at 11790), which we would again look to try to hold.
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