By closing at 5069.04, the 
CAC reached its long term down trend and is now at a pivotal point.
Using weekly prices, the recent uptrend looks still solid with no sign of regression with any relevant indicators.
However, using daily prices, 2 keys indicators, momentum and RSI show a regression synonym of short term weakness which could prevent the index to go through and keep it in the current long term downtrend initiated in Sept 2000 and June 2007.
In case of breakout, the CAC the first resistance stands at 5283.
On the other hand, a return back to 4929 then 4733 will be on the cards. Anything below the latter would annihilate the current uptrend
CAC reached its long term down trend and is now at a pivotal point.Using weekly prices, the recent uptrend looks still solid with no sign of regression with any relevant indicators.
However, using daily prices, 2 keys indicators, momentum and RSI show a regression synonym of short term weakness which could prevent the index to go through and keep it in the current long term downtrend initiated in Sept 2000 and June 2007.
In case of breakout, the CAC the first resistance stands at 5283.
On the other hand, a return back to 4929 then 4733 will be on the cards. Anything below the latter would annihilate the current uptrend
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。