2517 is our pivot point.
Our preference: the downside prevails as long as 2517 is resistance.
Alternative scenario: the upside breakout of 2517, would call for 2563 and 2590.
Comment: the RSI is below 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 2524 and 2520).
Supports and resistances:
2590 **
2563 *
2517 **
2499
2477 last
2415
2388 **
2361 *
2334 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-25-2024 at 21:51 UTC+1
Price reference: 2477 last known on 10-25-2024 at 21:51 UTC+1
Investment horizon: INTRADAY
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