Our pivot point is at 2476.
Our preference: the downside prevails as long as 2476 is resistance.
Alternative scenario: the upside breakout of 2476, would call for 2536 and 2572.
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 2453 and 2468).
Supports and resistances:
2572 **
2536 *
2476 **
2452
2428 last
2351
2315 **
2279 *
2244 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-08-2024 at 02:05 UTC+1
Price reference: 2428 last known on 10-08-2024 at 02:05 UTC+1
Investment horizon: INTRADAY
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