The Cac 40 index is the main equity index of the Paris exchange . It includes 40 companies amongst the most actively traded on the NYSE-Euronext Paris. ....
Day By Day – Indipendent Research
In the shorter-term, the last rebound initiated at the lower threshold of the channel could not pass the resistance zone at 3215 – 3276.40 points, already tested several times.
We are therefore negative in the short-term and envision a return towards a contact with the 2820 support, reinforcedby the lower threshold of the channel
We set the invalidation threshold for this negative scenario slightly above the 3079 resistance, the first significant obstacle.
| Close price | 2956.7 |
| 2 months Opinion | NEUTRAL |
| 2 weeks Opinion | NEGATIVE |
| Resistances | 3079,2 / 3215 pts |
| Supports | 2972 / 2820 pts |
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Source: ETFWorld – Day By Day – Indipendent Research
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