Index

Cac 40 may rise to 7591.00 - 7640.00

2024-06-17

Pivot

7430.00

Our preference

Long positions above 7430.00 with targets at 7591.00 & 7640.00 in extension.

Alternative scenario

Below 7430.00 look for further downside with 7381.00 & 7330.00 as targets.

Comment

The RSI is supported by a strong support, posting bullish divergence (not confirmed yet).

Supports and resistances

7700.00

7640.00

7591.00

7503.27 Last

7430.00

7381.00

7330.00

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

Introduction to Tradingtop Site

Related Articles


Return to All Articles