Our pivot point stands at 2555.
Our preference: rebound.
Alternative scenario: below 2555, expect 2491 and 2453.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (2590) but below its 50 period moving average (2616).
Supports and resistances:
2801 **
2763 *
2725 **
2687
2607 last
2580
2555 **
2491 *
2453 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-19-2024 at 21:50 UTC+1
Price reference: 2607 last known on 08-19-2024 at 21:50 UTC+1
Investment horizon: INTRADAY
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