Cac 40 may fall to 7517.00 - 7572.00

Pivot

7722.00

Our preference

Short positions below 7722.00 with targets at 7572.00 & 7517.00 in extension.

Alternative scenario

Above 7722.00 look for further upside with 7765.00 & 7800.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

7800.00

7765.00

7722.00

7632.71 Last

7572.00

7517.00

7460.00

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