CAC40 - Potential Breakout on Cup & Handle

Long

CAC 40 Index (INDEX:CAC40)

Updated

INDEX:CAC40 CAC 40 Index

Support and Resistance Chart Patterns Cup And Handle CAC 40 CFD indexes breakout cupandhandlepattern signals signal

supportandresistance chartpattern cupandhandle cac40 indexes breakout cupandhandlepattern signals signal

CAC40
Very interesting phase in the basket that contains the first 40 French companies per market cap, or the CAC 40.
The 17-year bearish trendline was broken 2 years ago and the bearish trendline has already supported it three times and now a Cup & Handle has been formed that could break out next week and become a potential asset to enter.

Comment:

*Bullish Trendline

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