Cac 40 (Euronext) (V5) Intraday: rebound.

Pivot: 7930.00

Our preference: long positions above 7930.00 with targets at 8110.00 & 8179.00 in extension.

Alternative scenario: below 7930.00 look for further downside with 7877.00 & 7825.00 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

8200.00

8179.00

8110.00

8046.00 Last

7930.00

7877.00

7825.00