Our pivot point is at 726.0.
Our preference: The downside prevails as long as 726.0 is resistance, with 702.5 and 695.7 as targets
Alternative scenario: above 726.0, look for 737.4 and 744.2.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 721.5 and 726.9).
Supports and resistances:
744.2 **
737.4 *
726.0 **
716.7 last
702.5
695.7 **
688.9 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-13-2026 at 14:32 UTC+1
Price reference: 716.7 last known on 09-13-2026 at 14:32 UTC+1
Investment horizon: INTRADAY
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