Cac 40 may rise to 7370.00 - 7430.00

Pivot

7295.00

Our preference

Long positions above 7295.00 with targets at 7370.00 & 7430.00 in extension.

Alternative scenario

Below 7295.00 look for further downside with 7222.00 & 7179.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

7473.00

7430.00

7370.00

7334.00 Last

7295.00

7222.00

7179.00

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