CAC40: A clear bullish trend...
The CAC40 is in a strong bullish market on the background of the ECB's commitment to continue its Open Market strategy. The benchmark visited its 4936.87 resistance level on Friday. A bullish gap at the opening send it to breakout 4938.87 level, with 4996.04 as an objective, and 4981.4 as a primary objective.
The benchmark will have 4905.6 as a support level, which breaking out will send to 4879.34, where it will bounce back.
The daily Pivot Point is around 4903.66. The daily support levels are around 4860.3 and 4796.96. The daily resistance levels are around 4967 and 5010.36.
The benchmark will have 4905.6 as a support level, which breaking out will send to 4879.34, where it will bounce back.
The daily Pivot Point is around 4903.66. The daily support levels are around 4860.3 and 4796.96. The daily resistance levels are around 4967 and 5010.36.
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