McDonald's is neutral

Pivot

263.00

Our preference

Short positions below 263.00 with targets at 249.00 & 236.00 in extension.

Alternative scenario

Above 263.00 look for further upside with 278.00 & 285.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

285.00

278.00

263.00

250.00 Last

249.00

236.00

223.00

Number of asterisks represents the strength of support and resistance levels.