Cac 40 may fall to 7460.00 - 7500.00

Pivot

7615.00

Our preference

Short positions below 7615.00 with targets at 7500.00 & 7460.00 in extension.

Alternative scenario

Above 7615.00 look for further upside with 7670.00 & 7710.00 as targets.

Comment

The index currently faces a challenging resistance area at 7615.00.

Supports and resistances

7710.00

7670.00

7615.00

7582.34 Last

7500.00

7460.00

7420.00

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