Our pivot point stands at 4239.
Our preference: rebound.
Alternative scenario: the downside breakout of 4239 would call for 4129 and 4064.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (4323) but below its 50 period moving average (4340).
Supports and resistances:
4663 **
4597 *
4531 **
4466
4334 last
4283
4239 **
4129 *
4064 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 08:48 UTC+1
Price reference: 4334 last known on 09-05-2025 at 08:48 UTC+1
Investment horizon: INTRADAY
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