Our pivot point is at 4490.
Our preference: the downside prevails as long as 4490 is resistance.
Alternative scenario: the upside breakout of 4490, would call for 5133 and 5516.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 4180 and 4278).
Supports and resistances:
5516 **
5133 *
4490 **
4238
3867 last
3104
2735 **
2366 *
1997 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2025 at 12:07 UTC+1
Price reference: 3867 last known on 10-21-2025 at 12:07 UTC+1
Investment horizon: ST
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