Cac 40 is neutral

Pivot

7960.00

Our preference

Short positions below 7960.00 with targets at 7760.00 & 7670.00 in extension.

Alternative scenario

Above 7960.00 look for further upside with 8132.00 & 8260.00 as targets.

Comment

As long as 7960.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

8260.00

8132.00

7960.00

7868.11 Last

7760.00

7670.00

7555.00

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