Cac 40 ST: consolidation.

Pivot: 8225

Our preference: short positions below 8225 with targets at 8005 & 7870 in extension.

Alternative scenario: above 8225 look for further upside with 8314 & 8500 as targets.

Comment: the RSI lacks momentum.

Supports and resistances:

8500

8314

8225

8166 Last

8005

7870

7620