Cac 40 may fall to 7412.00 - 7460.00

Pivot

7591.00

Our preference

Short positions below 7591.00 with targets at 7460.00 & 7412.00 in extension.

Alternative scenario

Above 7591.00 look for further upside with 7632.00 & 7688.00 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

7688.00

7632.00

7591.00

7524.59 Last

7460.00

7412.00

7400.00

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