Cac 40 may fall to 7941.00 - 7988.00

Pivot

8061.00

Our preference

Short positions below 8061.00 with targets at 7988.00 & 7941.00 in extension.

Alternative scenario

Above 8061.00 look for further upside with 8094.00 & 8131.00 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

8131.00

8094.00

8061.00

8005.63 Last

7988.00

7941.00

7890.00

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