Index

Cac 40 is neutral

2024-05-20

Pivot

8260.00

Our preference

Short positions below 8260.00 with targets at 8090.00 & 8000.00 in extension.

Alternative scenario

Above 8260.00 look for further upside with 8360.00 & 8440.00 as targets.

Comment

The index currently faces a challenging resistance area at 8260.00.

Supports and resistances

8440.00

8360.00

8260.00

8187.22 Last

8090.00

8000.00

7890.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

Introduction to Tradingtop Site

Related Articles


Return to All Articles