Pivot: 4015
Our preference: short positions below 4015 with targets at 3970 & 3942 in extension.
Alternative scenario: above 4015 look for further upside with 4040 & 4071 as targets.
Comment: as long as 4015 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4071 **
4040 **
4015 ***
3991 Last
3970 ***
3942 **
3900 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-17-2026 at 13:28 UTC+1
Price reference: 3991 last known on 07-17-2026 at 13:28 UTC+1
Investment horizon: INTRADAY
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