Cac 40 may rise to 7370.00 - 7430.00

Pivot

7170.00

Our preference

Long positions above 7170.00 with targets at 7370.00 & 7430.00 in extension.

Alternative scenario

Below 7170.00 look for further downside with 7072.00 & 7040.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

7473.00

7430.00

7370.00

7310.00 Last

7170.00

7072.00

7040.00

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