ReadBearTrading

CAC40 soon time to get out ?

Short
ReadBearTrading Updated   
EURONEXT:PX1   CAC 40 Index
The market is up 24% since the beginning of the month without a consolidation, can we keep going up to reach the hights of 2019 before the COVID19 crisis ? do we need a pause to find new buying levels around daily supports 5463-5343 or 5175-5211, do we need to close gaps 5000-5022 or 4730-4705 ?

Can the hope of recovery from the Pfizer annoncement on 9/11 be erased by the consequences of multiple shutdowns and the risk (this is more than a risk but a highprobality) to see many small business close for ever and trigger the fast rise of unemployement in 2021, bringing us to new lows on the stock exchange ?
Comment:
it's the D day, will see in the next days if we can close above the 5680 level opening the range 5700-5800, or we will head next week toward the 5000
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