Our pivot point stands at 4368.
Our preference: the downside prevails as long as 4368 is resistance.
Alternative scenario: above 4368, look for 4477 and 4542.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 4324 and 4338).
Supports and resistances:
4542 **
4477 *
4368 **
4325
4273 last
4129
4065 **
4000 *
3936 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-02-2025 at 21:49 UTC+1
Price reference: 4273 last known on 09-02-2025 at 21:49 UTC+1
Investment horizon: INTRADAY
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