Cac 40 may rise to 7598.00 - 7661.00

Pivot

7340.00

Our preference

Long positions above 7340.00 with targets at 7598.00 & 7661.00 in extension.

Alternative scenario

Below 7340.00 look for further downside with 7235.00 & 7135.00 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

7710.00

7661.00

7598.00

7531.00 Last

7340.00

7235.00

7135.00

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