Our pivot point is at 4,386.
Our preference : The upside prevails as long as 4,386 is support, with 4,485 and 4,507 as targets
Alternative scenario : below 4,386, expect 4,348 and 4,326.
Comment : the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 4,412 and 4,410).
Supports and resistances :
4,552 **
4,530 *
4,507 **
4,485
4,419 last
4,400
4,386 **
4,348 *
4,326 **
Make sure to follow us for daily market analysis and trading tips. Let’s turn knowledge into profit together! 💰💹