Cac 40 (Euronext) (X5) Intraday: intraday support around 8080.

Pivot: 8080

Our preference: long positions above 8080 with targets at 8195 & 8251 in extension.

Alternative scenario: below 8080 look for further downside with 8010 & 7965 as targets.

Comment: a support base at 8080 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

8295

8251

8195

8160 Last

8080

8010

7965