Our pivot point is at 2275.
Our preference: the upside prevails as long as 2275 is support.
Alternative scenario: the downside breakout of 2275 would call for 2233 and 2207.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2302 and 2306).
Supports and resistances:
2435 **
2410 *
2384 **
2359
2309 last
2292
2275 **
2233 *
2207 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-06-2024 at 06:56 UTC+1
Price reference: 2309 last known on 02-06-2024 at 06:56 UTC+1
Investment horizon: INTRADAY
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