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ACTIV8X
Sep 28, 2015 1:54 AM

CAC40: Inverting or taking a breath? 

CAC 40INDEX

Description

The CAC40 ended a long bearish week by a rally towards 4514, after hitting the channel's target.

In case of an opening with an bullish gap, the benchmark will have 4580.9 as an objective, with 4549.12 as a primary objective.

Opening below 4418 would suggest a bearish movement towards 4358.42.

The daily Pivot Point is around 4469.59. The daily support levels are around 4424.77 and 4368.88. The daily resistance levels are around 4525.48 and 4570.3.

Trade closed: target reached

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