Cac 40 may fall to 7400.00 - 7465.00

Pivot

7560.00

Our preference

Short positions below 7560.00 with targets at 7465.00 & 7400.00 in extension.

Alternative scenario

Above 7560.00 look for further upside with 7584.00 & 7630.00 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

7630.00

7584.00

7560.00

7503.26 Last

7465.00

7400.00

7385.00

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