Cac 40 may fall to 7281.00 - 7460.00

Pivot

7800.00

Our preference

Short positions below 7800.00 with targets at 7460.00 & 7281.00 in extension.

Alternative scenario

Above 7800.00 look for further upside with 7900.00 & 8000.00 as targets.

Comment

As long as 7800.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

8000.00

7900.00

7800.00

7633.18 Last

7460.00

7281.00

7160.00

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