Cac 40 may rise to 7530.00 - 7583.00

Pivot

7340.00

Our preference

Long positions above 7340.00 with targets at 7530.00 & 7583.00 in extension.

Alternative scenario

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

Comment

The RSI is negative but supported by a strong support.

Supports and resistances

7661.00

7583.00

7530.00

7435.00 Last

7340.00

7235.00

7135.00

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