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List of all levels (support/resistance) (from year 2007 till now) as a historical reference: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