Cac 40 may fall to 7459.00 - 7505.00

Pivot

7591.00

Our preference

Short positions below 7591.00 with targets at 7505.00 & 7459.00 in extension.

Alternative scenario

Above 7591.00 look for further upside with 7640.00 & 7670.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

7670.00

7640.00

7591.00

7536.23 Last

7505.00

7459.00

7420.00

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