Index

Cac 40 may rise to 7490.00 - 7530.00

2024-09-12

Pivot

7363.00

Our preference

Long positions above 7363.00 with targets at 7490.00 & 7530.00 in extension.

Alternative scenario

Below 7363.00 look for further downside with 7340.00 & 7278.00 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

7572.00

7530.00

7490.00

7396.83 Last

7363.00

7340.00

7278.00

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

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