CAC 40Updated CAC40: Inverting or taking a breath?
The CAC40 ended a long bearish week by a rally towards 4514, after hitting the channel's target.
In case of an opening with an bullish gap, the benchmark will have 4580.9 as an objective, with 4549.12 as a primary objective.
Opening below 4418 would suggest a bearish movement towards 4358.42.
The daily Pivot Point is around 4469.59. The daily support levels are around 4424.77 and 4368.88. The daily resistance levels are around 4525.48 and 4570.3.
In case of an opening with an bullish gap, the benchmark will have 4580.9 as an objective, with 4549.12 as a primary objective.
Opening below 4418 would suggest a bearish movement towards 4358.42.
The daily Pivot Point is around 4469.59. The daily support levels are around 4424.77 and 4368.88. The daily resistance levels are around 4525.48 and 4570.3.
Trade closed: target reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.