Index. On strong support . short term buy possible if move is upIndex. On strong support . short term buy possible if further move is up else next down might sort to aim swing low.
About CAC 40 Index
The CAC 40 is a capitalization-weighted index serving as a benchmark for funds investing in the French stock market. CAC 40 index was launched in 1987 with a base value of 1,000 and it tracks top 40 companies traded on the Euronext Paris exchange. It is similar to the Dow Jones Industrial Average in that it is the most commonly used index that represents the overall level and direction of the market in France and the French economy in general. Most of the weight of the index is represented in sectors such as Pharmaceuticals, Banking, and Oil equipment.
harmonic pattern xabcdharmonic pattern activated and we may see a good move till marked levels, and we can also find reversals from these levels. So keep in mind these levels.
CAC 40 indexCAC 40 Index in day Time Frame is looking nutrual after war situation. I think it will consolidate here for 2 months after that I consider market will gave breakout and we can se further up move. This is only for education purpose, not any buy or sell recommendation.
CAC ..........7000 or reversal on the cards ???On Daily Chart seems to be marching towards 6900+
All chances of a pull back from near 7000+
Be cautious at higher levels
Global Market Started Falling like France Europe Germany India !TREND ANALYSIS
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Global Markets Like
Europe
Germany
France
has started Falling.
India
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CAC40France’s CAC 40 boosts European markets
The Paris-based benchmark jumped to an all-time high but closed slightly below it.
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