Our pivot point stands at 858.5.
Our preference: the downside prevails as long as 858.5 is resistance.
Alternative scenario: the upside breakout of 858.5, would call for 871.1 and 878.6.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 849.4 and 855).
Supports and resistances:
878.6 **
871.1 *
858.5 **
853.5
841.4 last
826.1
818.6 **
811.2 *
803.7 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-02-2025 at 15:00 UTC+1
Price reference: 841.4 last known on 09-02-2025 at 15:00 UTC+1
Investment horizon: INTRADAY
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