Cac 40 may rise to 7710.00 - 7740.00

Pivot

7570.00

Our preference

Long positions above 7570.00 with targets at 7710.00 & 7740.00 in extension.

Alternative scenario

Below 7570.00 look for further downside with 7535.00 & 7510.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

7795.00

7740.00

7710.00

7653.22 Last

7570.00

7535.00

7510.00

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