Pivot: 3890
Our preference: long positions above 3890 with targets at 4800 & 5100 in extension.
Alternative scenario: below 3890 look for further downside with 3500 & 3260 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
5400 **
5100 ***
4800 ***
4408 Last
3890 ***
3500 **
3260 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-05-2026 at 02:09 UTC+1
Price reference: 4408 last known on 01-05-2026 at 02:09 UTC+1
Investment horizon: MT
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