Our pivot point stands at 3703.
Our preference: the upside prevails as long as 3703 is support.
Alternative scenario: the downside breakout of 3703 would call for 3636 and 3596.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3610 and 3646).
Supports and resistances:
3974 **
3934 *
3894 **
3854
3773 last
3730
3703 **
3636 *
3596 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-06-2024 at 09:18 UTC+1
Price reference: 3773 last known on 03-06-2024 at 09:18 UTC+1
Investment horizon: INTRADAY
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