Cac 40 may rise to 7473.00 - 7531.00

Pivot

7318.00

Our preference

Long positions above 7318.00 with targets at 7473.00 & 7531.00 in extension.

Alternative scenario

Below 7318.00 look for further downside with 7275.00 & 7222.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

7584.00

7531.00

7473.00

7423.00 Last

7318.00

7275.00

7222.00

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