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      15833.0        7365.5         7152.0         4266.0
1 Week Trend        Range          Bullish        Bullish        Bullish
1 Month Trend       Range          Bearish        Bullish        Bullish
3rd Resistance      16060.0        7447.0         7300.0         4358.0
2nd Resistance      16000.0        7415.0         7270.0         4315.0
1st Resistance      15910.0        7388.0         7229.0         4290.0
Pivot*              15837.7        7358.2         7157.7         4270.7
1st Support         15780.0        7327.0         7090.0         4242.0
2nd Support         15714.0        7282.0         7045.0         4219.0
3rd Support         15640.0        7254.0         6990.0         4190.0

CAC 40 session: although further contract consolidation cannot be ruled out, its scope should be limited. Taking long positions is recommended above 7,090 points, with targets of 7,229 points and 7,270 points. If 7,090 points are lowered, the contract should continue to decline to 7,045 points, then 6,990 points.

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

* The 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: VLV

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

December 30, 2021 03:00 ET (08:00 GMT)



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