Our pivot point stands at 4055.
Our preference: the downside prevails as long as 4055 is resistance.
Alternative scenario: the upside breakout of 4055, would call for 4152 and 4210.
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 4008 and 4008).
Supports and resistances:
4210 **
4152 *
4055 **
4017
3964 last
3849
3791 **
3733 *
3676 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 21:17 UTC+1
Price reference: 3964 last known on 10-20-2025 at 21:17 UTC+1
Investment horizon: INTRADAY
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