Cac 40 ST: turning down.

Pivot: 8000.00

Our preference: short positions below 8000.00 with targets at 7470.00 & 7330.00 in extension.

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

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:

8260.00

8130.00

8000.00

7614.13 Last

7470.00

7330.00

7105.00