Cac 40 may fall to 7150.00 - 7250.00

Pivot

7488.00

Our preference

Short positions below 7488.00 with targets at 7250.00 & 7150.00 in extension.

Alternative scenario

Above 7488.00 look for further upside with 7598.00 & 7680.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

7680.00

7598.00

7488.00

7330.00 Last

7250.00

7150.00

7100.00

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