Our pivot point stands at 3045.
Our preference: rebound.
Alternative scenario: the downside breakout of 3045 would call for 2982 and 2944.
Comment: the RSI is above 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 (3066) but below its 50 period moving average (3111).
Supports and resistances:
3295 **
3257 *
3219 **
3181
3095 last
3070
3045 **
2982 *
2944 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-15-2024 at 10:46 UTC+1
Price reference: 3095 last known on 11-15-2024 at 10:46 UTC+1
Investment horizon: INTRADAY
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