Our pivot point stands at 2317.
Our preference: the upside prevails as long as 2317 is support.
Alternative scenario: the downside breakout of 2317 would call for 2275 and 2249.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2338 and 2332).
Supports and resistances:
2460 *
2435 **
2409
2357 last
2317 **
2275 *
2249 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-10-2026 at 21:15 UTC+1
Price reference: 2357 last known on 05-10-2026 at 21:15 UTC+1
Investment horizon: INTRADAY
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