Cac 40 may fall to 7330.00 - 7365.00

Pivot

7459.00

Our preference

Short positions below 7459.00 with targets at 7365.00 & 7330.00 in extension.

Alternative scenario

Above 7459.00 look for further upside with 7495.00 & 7520.00 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

7520.00

7495.00

7459.00

7398.81 Last

7365.00

7330.00

7300.00

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