Daniel_Thompson

CAC40 may rise to 7700.00 - 7748.00

Long
TVC:CAC40   CAC 40 Index
Pivot

7624.00

Our preference

Long positions above 7624.00 with targets at 7700.00 & 7748.00 in extension.

Alternative scenario

Below 7624.00 look for further downside with 7600.00 & 7574.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

7760.00

7748.00

7700.00

7681.50 Last

7624.00

7600.00

7574.00

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