CAC 40 (CAC) Up $1.54 Over Past 4 Hours, Entered Today Down For the 4th Day In A Row; in an Uptrend Over Past 90 Days

CAC 40 4 Hour Price Update

Updated July 28, 2020 03:12 AM GMT (11:12 PM EST)

The choppiness in the recent four-hour candle price action of CAC 40 continues; to start the current 4 hour candle, it came in at a price of 4940.8101 US dollars, up 0.03% (1.54) since the previous 4 hours. Relative to other instruments in the 8 major global equity indices asset class, CAC 40 ranked 6th since the previous 4 hours in terms of percentage price change.

CAC 40 Daily Price Recap

CAC 40 came into today down 0.34% (16.81) from the open of yesterday, marking the 4th day in a row a decrease has occurred. Relative to other instruments in the 8 major global equity indices asset class, CAC 40 ranked 6th since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of CAC 40.

CAC

CAC 40 Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For another vantage point, consider that CAC 40’s price has gone down 9 of the previous 14 trading days. As for those who trade off of candlesticks, we should note that we’re seeing doji and pin bar patterns appearing here.

Overheard on Twitter

Over on Twitter, here were the top tweets about CAC 40:

  • From truemagic68:

    Despite concerns over the US/SINO geopolitical spat, Asian markets have remained calm as China announces stellar Industrial profits for June – Suggested opening calls – FTSE 100 +9 points at 6130, DAX +28 points at 12871, CAC 40 +5 points at 4961, DJIA Futures +85 points at 26557

  • From danperyo:

    1/n 🗣@fluent_forever by Gabe Wyner
    – language learning tool for $9.99 month – $95.88 year same as Duolingo Premium
    – 14 months after launch 25k paying customers
    – May MRR $83k, July $100k+
    – CAC $40 with 80k/month spent on FB ads atm, scaling +20% every month

  • From jadid:

    European markets were mostly lower today, with the Spanish Ibex Index falling 1% and STOXX Europe 600 Index dropping 0.3%. The UK’s FTSE index was trading lower by 0.2%, while French CAC 40 Index fell 0.2% and German DAX 30 gained 0.3%.