Index

Cac 40 may fall to 6935.00 - 7100.00

2024-08-15

Pivot

7600.00

Our preference

Short positions below 7600.00 with targets at 7100.00 & 6935.00 in extension.

Alternative scenario

Above 7600.00 look for further upside with 7720.00 & 7895.00 as targets.

Comment

As long as 7600.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

7895.00

7720.00

7600.00

7414.07 Last

7100.00

6935.00

6775.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

Introduction to Tradingtop Site

Related Articles


Return to All Articles