3249 is our pivot point.
Our preference: the upside prevails as long as 3249 is support.
Alternative scenario: below 3249, expect 3176 and 3133.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3294 and 3301).
Supports and resistances:
3533 **
3489 *
3446 **
3402
3309 last
3278
3249 **
3176 *
3133 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-03-2024 at 09:00 UTC+1
Price reference: 3309 last known on 04-03-2024 at 09:00 UTC+1
Investment horizon: INTRADAY
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