Cac 40 may fall to 7730.00 - 7781.00

Pivot

7872.00

Our preference

Short positions below 7872.00 with targets at 7781.00 & 7730.00 in extension.

Alternative scenario

Above 7872.00 look for further upside with 7917.00 & 7943.00 as targets.

Comment

The RSI has just struck against its neutrality area at 50%.

Supports and resistances

7943.00

7917.00

7872.00

7824.51 Last

7781.00

7730.00

7700.00

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