The CAC40 closed yesterday near the tunnel support level
around 4501. The French benchmark has been stuck in the current tunnel, since 3 weeks. If it breaches 4501 it will enter a bearish
market with 4387.72 as an objective, and 4430 as a primary objective.
Failing to breakout the tunnel will lead it back towards 4673.96, with 4574.54 as a primary objective.
The benchmark's daily Pivot Point
is around 4542.91. The daily support levels are around 4489.08 and 4459.66. The daily resistance levels are around 4572.33 and 4626.16.