Cac 40 may fall to 7360.00 - 7420.00

Pivot

7530.00

Our preference

Short positions below 7530.00 with targets at 7420.00 & 7360.00 in extension.

Alternative scenario

Above 7530.00 look for further upside with 7572.00 & 7670.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

7670.00

7572.00

7530.00

7431.96 Last

7420.00

7360.00

7300.00

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