Our pivot point is at 3135.
Our preference: the upside prevails as long as 3135 is support.
Alternative scenario: the downside breakout of 3135 would call for 3065 and 3023.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3150 and 3132).
Supports and resistances:
3408 **
3366 *
3324 **
3282
3191 last
3163
3135 **
3065 *
3023 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-30-2025 at 06:05 UTC+1
Price reference: 3191 last known on 01-30-2025 at 06:05 UTC+1
Investment horizon: INTRADAY
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