Cac 40 may fall to 7781.00 - 7810.00

Pivot

7885.00

Our preference

Short positions below 7885.00 with targets at 7810.00 & 7781.00 in extension.

Alternative scenario

Above 7885.00 look for further upside with 7935.00 & 8000.00 as targets.

Comment

As long as the resistance at 7885.00 is not surpassed, the risk of the break below 7810.00 remains high.

Supports and resistances

8000.00

7935.00

7885.00

7859.84 Last

7810.00

7781.00

7700.00

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