The CAC40 closed in the red for the fourth consecutive session. Yesterday, the benchmark found support around its main trend line
in Orange, as it has closed around it. Breaking out the Trend line
in Orange, will send it back to 4783.96, which breaking out will send it seeking further lows around 4753.8.
Failing to maintain the bearish
market, will send it re-visiting 4850.17.
The daily Pivot Point
is around 4819.89. The daily support levels are around 4774.36 and 4728.45. The daily resistance levels are around 4865.80 and 4911.33.