Cac 40 Intraday: consolidation in place.

FRA40

Trading Central 2021-02-23 15:08:06

Pivot: 5737.00

Our preference: long positions above 5737.00 with targets at 5790.00 & 5814.00 in extension.

Alternative scenario: below 5737.00 look for further downside with 5720.00 & 5700.00 as targets.

Comment: the RSI has just landed on a support around 30% and is reversing up.

Supports and resistances:

5830.00 **

5814.00 **

5790.00 ***

5767.44 Last

5737.00 *

5720.00 **

5700.00 ***

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