ACTIV8X

CAC40: heading to end the hesitation?

INDEX:CAC   CAC 40 Index
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The CAC40 closed in a neutral long-legged doji. It is still unable to close below 4673.96. Although, it breached it many times, but buying pressures were keeping it above that level.

The benchmark still needs to breakout 4718.88 to go back to 4744.97, which breaching will send it up to 4783.38.

Only a breakout of 4642.94 will send it south towards 4580.84, with 4619.87 as a primary objective.

The daily Pivot Point 4684.87. The daily support levels are around 4653.17 and 4611.24. The daily resistance levels are around 4726.8 and 4758.5.
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