CAC 40 IndexLong
FRA40 Long
Pivot: 7195.00
Our preference:
long positions above 7195.00 with targets at 7330.00 & 7375.00 in extension.
Alternative scenario:
below 7195.00 look for further downside with 7145.00 & 7080.00 as targets.
Comment:
a support base at 7195.00 has formed and has allowed for a temporary stabilization.
Our preference:
long positions above 7195.00 with targets at 7330.00 & 7375.00 in extension.
Alternative scenario:
below 7195.00 look for further downside with 7145.00 & 7080.00 as targets.
Comment:
a support base at 7195.00 has formed and has allowed for a temporary stabilization.
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