Cac 40 may rise to 7594.00 - 7632.00

Pivot

7460.00

Our preference

Long positions above 7460.00 with targets at 7594.00 & 7632.00 in extension.

Alternative scenario

Below 7460.00 look for further downside with 7416.00 & 7380.00 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

7688.00

7632.00

7594.00

7538.29 Last

7460.00

7416.00

7380.00

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