Cac 40 ST: choppy.

Pivot: 8000.00

Our preference: short positions below 8000.00 with targets at 7650.00 & 7500.00 in extension.

Alternative scenario: above 8000.00 look for further upside with 8130.00 & 8260.00 as targets.

Comment: as long as 8000.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

8260.00

8130.00

8000.00

7701.38 Last

7650.00

7500.00

7330.00