Our pivot point is at 573.5.
Our preference: rebound towards 606.0.
Alternative scenario: below 573.5, expect 561.8 and 554.9.
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 stands below its 20 and 50 period moving average (respectively at 583.1 and 588.7).
Supports and resistances:
619.9 **
613.0 *
606.0 **
599.0
583.0 last
578.1
573.5 **
561.8 *
554.9 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-24-2024 at 07:02 UTC+1
Price reference: 583.0 last known on 07-24-2024 at 07:02 UTC+1
Investment horizon: INTRADAY
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