TECHNICAL ANALYSIS: Any further consolidation of the CAC 40 contract will be limited


Index Futures:      DAX40          FTSE100        CAC40          E-STOXX
Eurex          ICEEurope      Euronext       Eurex
Previous Close      15502.0        7613.0         7100.0         4189.0
1 Week Trend        Range          Bullish        Bullish        Bullish
1 Month Trend       Range          Bullish        Bullish        Bullish
3rd Resistance      15565.0        7653.0         7235.0         4288.0
2nd Resistance      15474.0        7625.0         7180.0         4192.0
1st Resistance      15413.0        7595.0         7108.0         4175.0
Pivot*              15305.7        7540.8         7097.3         4131.5
1st Support         15221.0        7511.0         6910.0         4092.0
2nd Support         15150.0        7471.0         6840.0         4063.0
3rd Support         15070.0        7400.0         6770.0         4027.0

CAC 40 session: although a continuation of the consolidation of the contract cannot be excluded, its extent should be limited. Taking long positions is recommended above 6,910 points, with targets at 7,108 points and 7,180 points. In case of depression of 6,910 points, the contract should continue its decline to 6,840 points, then 6,770 points.

Over one week, the trend is bullish for contracts on the flagship index of the Paris Stock Exchange, the Euro Stoxx 50 and the FTSE 100, and neutral for the contract on the DAX 40.

* Pivot is the sum of the high, low and close divided by 3

-Data provided by TRADING CENTRAL (www.tradingcentral.com), a commentary service specializing in technical analysis

(French version Maylis Jouaret) ed: ECH

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

February 11, 2022 03:22 ET (08:22 GMT)



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