Cac 40 (Euronext) (M5) Intraday: caution.

Pivot: 7710.00

Our preference: long positions above 7710.00 with targets at 7870.00 & 7915.00 in extension.

Alternative scenario: below 7710.00 look for further downside with 7649.00 & 7600.00 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

7935.00

7915.00

7870.00

7814.50 Last

7710.00

7649.00

7600.00