Index

Cac 40 is neutral

2024-06-07

Pivot

8148.00

Our preference

Short positions below 8148.00 with targets at 7914.00 & 7800.00 in extension.

Alternative scenario

Above 8148.00 look for further upside with 8260.00 & 8440.00 as targets.

Comment

As long as 8148.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

8440.00

8260.00

8148.00

8025.51 Last

7914.00

7800.00

7670.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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