Our pivot point is at 2774.
Our preference: rebound towards 2969.
Alternative scenario: the downside breakout of 2774 would call for 2701 and 2658.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2872 and 2964).
Supports and resistances:
3055 **
3012 *
2969 **
2926
2839 last
2802
2774 **
2701 *
2658 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-01-2025 at 08:43 UTC+1
Price reference: 2839 last known on 12-01-2025 at 08:43 UTC+1
Investment horizon: INTRADAY
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