Our pivot point is at 595.9.
Our preference: The downside prevails as long as 595.9 is resistance, with 581.6 and 578.1 as targets
Alternative scenario: above 595.9, look for 601.7 and 605.2.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 601.3 and 615.7).
Supports and resistances:
605.2 **
601.7 *
595.9 **
590.5 last
581.6
578.1 **
574.7 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-14-2026 at 21:10 UTC+1
Price reference: 590.6 last known on 11-14-2026 at 21:10 UTC+1
Investment horizon: INTRADAY
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