Cac 40 may fall to 7840.00 - 7895.00

Pivot

8026.00

Our preference

Short positions below 8026.00 with targets at 7895.00 & 7840.00 in extension.

Alternative scenario

Above 8026.00 look for further upside with 8073.00 & 8150.00 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

8150.00

8073.00

8026.00

8001.80 Last

7895.00

7840.00

7800.00

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