Our pivot point is at 4480.
Our preference: the downside prevails as long as 4480 is resistance.
Alternative scenario: above 4480, look for 4592 and 4659.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 4413 and 4420).
Supports and resistances:
4659 **
4592 *
4480 **
4437
4382 last
4249
4183 **
4117 *
4050 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 10:41 UTC+1
Price reference: 4382 last known on 09-04-2025 at 10:41 UTC+1
Investment horizon: INTRADAY
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