Cac 40 may rise to 7639.00 - 7701.00

Pivot

7465.00

Our preference

Long positions above 7465.00 with targets at 7639.00 & 7701.00 in extension.

Alternative scenario

Below 7465.00 look for further downside with 7401.00 & 7342.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

7730.00

7701.00

7639.00

7591.56 Last

7465.00

7401.00

7342.00

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