Cac 40 may rise to 7510.00 - 7568.00

Pivot

7343.00

Our preference

Long positions above 7343.00 with targets at 7510.00 & 7568.00 in extension.

Alternative scenario

Below 7343.00 look for further downside with 7309.00 & 7251.00 as targets.

Comment

Investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances

7584.00

7568.00

7510.00

7480.50 Last

7343.00

7309.00

7251.00

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