ACTIV8X

CAC40: Taking a breath or inverting?

INDEX:CAC   CAC 40 Index
The CAC40 is showing signs of weakness, that may be vanquished after the better than expected unemployment report, which was published yesterday. The benchmark will have 4972.7 as an objective, should it breakout 4924.24, especially if the benchmark opens with a bullish gap today.

The benchmark will head to 4850.17, should it breakout 4881.05.

The daily Pivot Point is around 4900.8. The daily support levels are around 4877.37 and 4857.61. The daily resistance levels 4920.56 and 4943.99.
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