Index Futures: DAX40 FTSE100 CAC40 E-STOXX Eurex ICEEurope Euronext Eurex Previous Close 15961.0 7335.0 7172.0 4301.0 1 Week Trend Range Bullish Bullish Bullish 1 Month Trend Range Bearish Bullish Bullish 3rd Resistance 16273.0 7500.0 7300.0 4390.0 2nd Resistance 16118.0 7470.0 7270.0 4358.0 1st Resistance 16030.0 7416.5 7229.0 4320.0 Pivot* 15935.3 7381.7 7159.5 4295.5 1st Support 15800.0 7295.0 7090.0 4264.0 2nd Support 15714.0 7254.0 7045.0 4242.0 3rd Support 15640.0 7201.5 6990.0 4216.0
CAC 40 session: The RSI (“Relative Strength Index”), an indicator to measure the dynamics of the market, is bullish and lets expect a further progression of the contract. 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
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Dow Jones Newswires
December 29, 2021 02:49 ET (07:49 GMT)