Our pivot point is at 2248.
Our preference: our next up target stands at 2401.
Alternative scenario: the downside breakout of 2248 would call for 2189 and 2153.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2287 and 2292).
Supports and resistances:
2472 **
2436 *
2401 **
2366
2296 last
2271
2248 **
2189 *
2153 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-17-2024 at 02:19 UTC+1
Price reference: 2296 last known on 09-17-2024 at 02:19 UTC+1
Investment horizon: INTRADAY
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