Cac 40 Intraday: consolidation in place.

Trading Central 2020-11-20 14:56:05

Pivot: 5440.00

Our preference: long positions above 5440.00 with targets at 5490.00 & 5521.00 in extension.

Alternative scenario: below 5440.00 look for further downside with 5402.00 & 5380.00 as targets.

Comment: the RSI lacks momentum.

Supports and resistances:

5577.00 ***

5521.00 **

5490.00 ***

5474.66 Last

5440.00 **

5402.00 ***

5380.00 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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