Pivot: 4340
Our preference: long positions above 4340 with targets at 4427 & 4470 in extension.
Alternative scenario: below 4340 look for further downside with 4305 & 4274 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4500
4470
4427
4392 Last
4340
4305
4274
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-02-2026 at 13:19 UTC+1
Price reference: 4392 last known on 01-02-2026 at 13:19 UTC+1
Investment horizon: INTRADAY
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