Cac 40 ST: the bias remains bullish.

FRA40

Trading Central 2021-01-13 21:10:05

Pivot: 5517.00

Our preference: long positions above 5517.00 with targets at 5780.00 & 5884.00 in extension.

Alternative scenario: below 5517.00 look for further downside with 5440.00 & 5360.00 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

5995.00

5884.00

5780.00

5649.55 Last

5517.00

5440.00

5360.00

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