CAC 40 (CAC) Up $12.38 Over Past 4 Hours, 2 Day Up Streak Ended; Eyes 20 Day Average

CAC 40 4 Hour Price Update

Updated July 23, 2020 11:14 AM GMT (07:14 AM EST)

CAC 40 closed the previous 4 hours up 0.24% (12.38); this denotes the 2nd candle in a row an upward move has occurred. Relative to other instruments in the 8 major global equity indices asset class, CAC 40 ranked 7th since the previous 4 hours in terms of percentage price change.

CAC 40 Daily Price Recap

CAC 40 entered today at 5037.12, down 1.32% ($67.16) from the day prior. Out of the 8 instruments in the 8 major global equity indices asset class, CAC 40 ended up ranking 7th for the day in terms of price change relative to the day prior. Here is a daily price chart of CAC 40.

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 up 5 of the previous 10 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to CAC 40:

  • From truemagic68:

    As US earnings floodgates start to open, the Street of Dreams was given a fillip by positive vaccine news, a new record for NASDAQ, with Tesla in the vanguard. Suggested opening calls– FTSE 100 +26 at 6287, DAX +77 at 13134, CAC 40 +27 at 5120, DJIA Futures +71 at 26748 @ 5.34am

  • From truemagic68:

    Though US earnings season so far has been adequate in the current climate, markets remain nervous over the adverse effect of Covid 19 & Sino/US tension rising – Suggested opening calls – FTSE 100 -4 at 6201, DAX +11 at 13111, CAC 40 +3 at 5040, DJIA Futures -20 at 26977 at 5.34am

  • From truemagic68:

    Apart from NASDAQ profit takers, US & European markets plus China’s Shanghai Comp were on a roll thanks to stimulus packages & vaccine hopes – Suggested opening calls – FTSE 100 -2 at 6264, DAX -17 at 13151, CAC 40 -4 at 5100, DJIA Futures +114 at 26953 at 5.01am