Our pivot point stands at 535.2.
Our preference: rebound.
Alternative scenario: below 535.2, expect 525.0 and 518.9.
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 (543.8) but below its 50 period moving average (546.4).
Supports and resistances:
576.0 **
569.9 *
563.8 **
557.7
545.2 last
539.3
535.2 **
525.0 *
518.9 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-03-2024 at 21:49 UTC+1
Price reference: 545.2 last known on 10-03-2024 at 21:49 UTC+1
Investment horizon: INTRADAY
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