4238 is our pivot point.
Our preference: rebound towards 4523.
Alternative scenario: the downside breakout of 4238 would call for 4128 and 4062.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (4308) but under its 50 period moving average (4355).
Supports and resistances:
4655 **
4589 *
4523 **
4458
4326 last
4281
4238 **
4128 *
4062 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 04:04 UTC+1
Price reference: 4326 last known on 09-05-2025 at 04:04 UTC+1
Investment horizon: INTRADAY
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