CAC40: heading towards 4619.68?

INDEX:CAC   CAC 40 Index
The CAC40 closed yesterday in the red. The pattern suggest the bearish market to continue with 4619.88 as an objective, and 4637.19 as a primary objective.

Only a breakout of the 4718.88 level, will send the benchmark back to 4744.97, which breaking out will send it to 4783.38.

The daily Pivot Point 4678.58. The daily support levels are around 4645.21 and 4616.61. The daily resistance levels are around 4707.18 and 4740.55.
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