Cac 40 may fall to 7430.00 - 7468.00

Pivot

7605.00

Our preference

Short positions below 7605.00 with targets at 7468.00 & 7430.00 in extension.

Alternative scenario

Above 7605.00 look for further upside with 7644.00 & 7670.00 as targets.

Comment

As long as 7605.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

7670.00

7644.00

7605.00

7497.00 Last

7468.00

7430.00

7400.00

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