Tuesday, October 17, 2017

Post:0028 CAC 40 French Index , October 18th, 2017




CAC 40 French Index Analysis

What is controlling the market right now? the situation is a balance (equalize) between demand & supply, But most likely the next move will be in the hands of bears (sellers) I expect to see downward movement.

Support levels are:

5339.55
5338.14
5283.71 (major support)

Resistance levels are:

5372.97
5381.74
5442.10 (major resistance)


List of all levels (support/resistance) (from year 2007 till now) as a historical reference:

6168.15
5882.07
5442.10
5381.74
5372.97
5339.55
5338.14
5283.71
5259.47
5238.51
5231.65
5228.54
5217.80
5176.67
5142.10
5117.23
5011.65
4995.07
4733.82
4598.65
4169.87
4088.18
4007.97
3892.46
3789.11
2922.26
2693.21
2465.46




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