Cac 40 may fall to 7855.00 - 7910.00

Pivot

7987.00

Our preference

Short positions below 7987.00 with targets at 7910.00 & 7855.00 in extension.

Alternative scenario

Above 7987.00 look for further upside with 8039.00 & 8071.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

8071.00

8039.00

7987.00

7931.24 Last

7910.00

7855.00

7800.00

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