Our pivot point is at 247.4.
Our preference: the upside prevails as long as 247.4 is support.
Alternative scenario: below 247.4, expect 240.5 and 236.4.
Comment: the RSI is above 50. 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 246.6 and 248.9).
Supports and resistances:
275.0 **
270.9 *
266.8 **
262.7
253.0 last
250.1
247.4 **
240.5 *
236.4 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-27-2022 at 08:58 UTC+1
Price reference: 253.0 last known on 07-27-2022 at 08:58 UTC+1
Investment horizon: INTRADAY
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