Cac 40 (Euronext) (M5) Intraday: bullish bias above 7735.00.

Pivot: 7735.00

Our preference: long positions above 7735.00 with targets at 7815.00 & 7848.00 in extension.

Alternative scenario: below 7735.00 look for further downside with 7700.00 & 7660.00 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

7868.00

7848.00

7815.00

7803.50 Last

7735.00

7700.00

7660.00