FCAC 40 Index
Long
FRA40 Long
Pivot: 7336.00
Our preference:
long positions above 7336.00 with targets at 7464.00 & 7500.00 in extension.
Alternative scenario:
below 7336.00 look for further downside with 7300.00 & 7270.00 as targets.
Comment:
a support base at 7336.00 has formed and has allowed for a temporary stabilization.
Our preference:
long positions above 7336.00 with targets at 7464.00 & 7500.00 in extension.
Alternative scenario:
below 7336.00 look for further downside with 7300.00 & 7270.00 as targets.
Comment:
a support base at 7336.00 has formed and has allowed for a temporary stabilization.
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