Cac 40 (Euronext) (K5) Intraday: the upside prevails.

Pivot: 7330.00

Our preference: long positions above 7330.00 with targets at 7539.00 & 7624.00 in extension.

Alternative scenario: below 7330.00 look for further downside with 7270.00 & 7200.00 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

7700.00

7624.00

7539.00

7490.50 Last

7330.00

7270.00

7200.00