Cac 40 may rise to 8071.00 - 8105.00

Pivot

7964.00

Our preference

Long positions above 7964.00 with targets at 8071.00 & 8105.00 in extension.

Alternative scenario

Below 7964.00 look for further downside with 7924.00 & 7890.00 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

8150.00

8105.00

8071.00

8022.30 Last

7964.00

7924.00

7890.00

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