Cac 40 may fall to 8030.00 - 8075.00

Pivot

8170.00

Our preference

Short positions below 8170.00 with targets at 8075.00 & 8030.00 in extension.

Alternative scenario

Above 8170.00 look for further upside with 8220.00 & 8259.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

8259.00

8220.00

8170.00

8088.32 Last

8075.00

8030.00

8000.00

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