Cac 40 may rise to 7460.00 - 7520.00

Pivot

7310.00

Our preference

Long positions above 7310.00 with targets at 7460.00 & 7520.00 in extension.

Alternative scenario

Below 7310.00 look for further downside with 7264.00 & 7225.00 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

7595.00

7520.00

7460.00

7427.02 Last

7310.00

7264.00

7225.00

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