Cac 40 may fall to 8000.00 - 8040.00

Pivot

8097.00

Our preference

Short positions below 8097.00 with targets at 8040.00 & 8000.00 in extension.

Alternative scenario

Above 8097.00 look for further upside with 8138.00 & 8170.00 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

8170.00

8138.00

8097.00

8057.80 Last

8040.00

8000.00

7890.00

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