CAC40 to breakdown?

VANTAGE:FRA40   CAC 40 Index
FRA40 - Intraday - We look to Sell a break of 7509 (stop at 7561)

Previous support located at 7500.
Previous resistance located at 7570.
Price action looks to be forming a top.
Short term momentum is bearish.
A move through 7500 will confirm the bearish momentum.

Our profit targets will be 7385 and 7365

Resistance: 7570 / 7600 / 7650
Support: 7500 / 7350 / 7300

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