Cac 40 may fall to 8000.00 - 8039.00

Pivot

8136.00

Our preference

Short positions below 8136.00 with targets at 8039.00 & 8000.00 in extension.

Alternative scenario

Above 8136.00 look for further upside with 8170.00 & 8200.00 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

8200.00

8170.00

8136.00

8102.33 Last

8039.00

8000.00

7979.00

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