Pivot: 4800
Our preference: long positions above 4800 with targets at 4838 & 4853 in extension.
Alternative scenario: below 4800 look for further downside with 4785 & 4770 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4870
4853
4838
4815 Last
4800
4785
4770
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-16-2026 at 11:57 UTC+1
Price reference: 4815 last known on 04-16-2026 at 11:57 UTC+1
Investment horizon: INTRADAY
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