Our pivot point stands at 3955.
Our preference: the downside prevails as long as 3955 is resistance.
Alternative scenario: above 3955, look for 4050 and 4107.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3917 and 3971).
Supports and resistances:
4107 **
4050 *
3955 **
3918
3866 last
3749
3692 **
3636 *
3580 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2025 at 10:42 UTC+1
Price reference: 3866 last known on 10-21-2025 at 10:42 UTC+1
Investment horizon: INTRADAY
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