ACTIV8X

Cac40: Another doji...

INDEX:CAC40   CAC 40 Index
The Cac40 closed yesterday in another doji pattern, like the day before, showing that a big movement will follow. The trend remains bullish above 4673.96. The benchmark will head to 4783.3, should it breakout 4744.97. Breaking out 4673.96 will send it south, back to 4628.44, with 4645.94 as a primary objective.

On a daily scale the benchmark will be heading to 4744.97, with 4727.63 as a primary objective. The benchmark will have 4680.22 as a support level.

The daily Pivot Point is around 4711.18. The daily support levels are around 4677.40 and 4650.73. The daily resistance levels are around 4737.85 and 4771.63.
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.