Our pivot point is at 2217.
Our preference: the downside prevails as long as 2217 is resistance.
Alternative scenario: above 2217, look for 2256 and 2279.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2197 and 2214).
Supports and resistances:
2279 **
2256 *
2217 **
2201
2185 last
2125
2102 **
2079 *
2056 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-12-2023 at 22:16 UTC+1
Price reference: 2185 last known on 12-12-2023 at 22:16 UTC+1
Investment horizon: INTRADAY
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