613.9 is our pivot point.
Our preference: the downside prevails as long as 613.9 is resistance.
Alternative scenario: the upside breakout of 613.9, would call for 624.7 and 631.1.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 606.2 and 611.1).
Supports and resistances:
631.1 **
624.7 *
613.9 **
609.6
603.4 last
590.3
583.9 **
577.5 *
571.1 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-13-2024 at 22:50 UTC+1
Price reference: 603.4 last known on 06-13-2024 at 22:50 UTC+1
Investment horizon: INTRADAY
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