ACTIV8X

CAC 40: falling back below 4387.72?

INDEX:CAC   CAC 40 Index
The CAC40 closed in the red, closing yesterday's bullish gap at the opening. The benchmark still has Wednesday's bullish gap to close. It will provide the benchmark with some support.

Cutting through 4387.72 will send the benchmark back to 4332.99, with 4367.95 as a primary objective.

Breaching 4474.27 will suggest a bullish trend with 4564.27 as an objective, and 4526.82 as a primary objective.

The daily Pivot Point is around 4454.27. The daily support levels are around 4380.38 and 4334.23. The daily resistance levels are around 4500.42 and 4574.31.
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