Cac 40 may rise to 7350.00 - 7430.00

Pivot

7220.00

Our preference

Long positions above 7220.00 with targets at 7350.00 & 7430.00 in extension.

Alternative scenario

Below 7220.00 look for further downside with 7179.00 & 7130.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

7473.00

7430.00

7350.00

7276.00 Last

7220.00

7179.00

7130.00

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