Cac 40 may fall to 7914.00 - 7955.00

Pivot

8073.00

Our preference

Short positions below 8073.00 with targets at 7955.00 & 7914.00 in extension.

Alternative scenario

Above 8073.00 look for further upside with 8112.00 & 8150.00 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

8150.00

8112.00

8073.00

7980.33 Last

7955.00

7914.00

7900.00

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