Pivot: 4833
Our preference: short positions below 4833 with targets at 4780 & 4755 in extension.
Alternative scenario: above 4833 look for further upside with 4860 & 4887 as targets.
Comment: as long as 4833 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4887
4860
4833
4821 Last
4780
4755
4715
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-22-2026 at 07:05 UTC+1
Price reference: 4821 last known on 01-22-2026 at 07:05 UTC+1
Investment horizon: INTRADAY
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