Our pivot point stands at 2694.
Our preference: as long as 2694 is support look for 2832.
Alternative scenario: below 2694, expect 2643 and 2612.
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 2738 and 2698).
Supports and resistances:
2893 **
2863 *
2832 **
2801
2739 last
2715
2694 **
2643 *
2612 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2024 at 08:49 UTC+1
Price reference: 2739 last known on 10-21-2024 at 08:49 UTC+1
Investment horizon: INTRADAY
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