Our pivot point stands at 522.5.
Our preference: the upside prevails as long as 522.5 is support.
Alternative scenario: below 522.5, expect 514.8 and 510.2.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 515.8 and 498.4).
Supports and resistances:
554.9 **
550.3 *
545.7 **
541.1
529.1 last
525.5
522.5 **
514.8 *
510.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-10-2024 at 22:11 UTC+1
Price reference: 529.1 last known on 03-10-2024 at 22:11 UTC+1
Investment horizon: INTRADAY
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