Our pivot point is at 2386.
Our preference: as long as 2386 is support look for 2544.
Alternative scenario: below 2386, expect 2325 and 2289.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2425 and 2372).
Supports and resistances:
2616 **
2580 *
2544 **
2507
2434 last
2410
2386 **
2325 *
2289 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-19-2024 at 15:02 UTC+1
Price reference: 2434 last known on 09-19-2024 at 15:02 UTC+1
Investment horizon: INTRADAY
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