Our pivot point is at 22610.
Our preference: rebound towards 23410.
Alternative scenario: below 22610, expect 22300 and 22120.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (22836) but under its 50 period moving average (23169).
Supports and resistances:
23780 **
23600 *
23410 **
23230
22867 last
22730
22610 **
22300 *
22120 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-31-2023 at 04:30 UTC+1
Price reference: 22867 last known on 01-31-2023 at 04:30 UTC+1
Investment horizon: INTRADAY
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