Cac 40 (Jul 12) intraday: consolidation
Posts: 21
Member since: 05/07/2012
Pivot: 3290
Our Preference: SHORT positions below 3290 with targets @ 3190 & 3150.
Alternative scenario: The upside penetration of 3290 will call for a rebound towards 3330 & 3360.
Comment : the RSI is bearish and calls for further decline