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Day By Day – Indipendent Research
In the shorter-term, the last rebound initiated at the lower threshold of the channel could not pass the resistance zone at 3215 – 3276.40 points, already tested several times.
We are therefore negative in the short-term and envision a return towards a contact with the 2820 support, reinforcedby the lower threshold of the channel
We set the invalidation threshold for this negative scenario slightly above the 3079 resistance, the first significant obstacle.
|2 months Opinion||NEUTRAL|
|2 weeks Opinion||NEGATIVE|
|Resistances||3079,2 / 3215 pts|
|Supports||2972 / 2820 pts|
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Source: ETFWorld – Day By Day – Indipendent Research