CAC 40 (CAC) Up $40.46 in Last 4 Hours, Entered Today Down 0.77%; in an Uptrend Over Past 30 Days

CAC 40 4 Hour Price Update

Updated June 19, 2020 11:13 AM GMT (07:13 AM EST)

CAC 40 came into the current 4 hour candle up 0.82% (40.46) from the open of the previous 4 hours, marking the 3rd candle in a row an increase has occurred. CAC 40 outperformed all 8 assets in the 8 major global equity indices asset class since the previous 4 hours.

CAC 40 Daily Price Recap

CAC 40 entered today at 4956.1001, down 0.77% ($38.45) from the previous day. Relative to other instruments in the 8 major global equity indices asset class, CAC 40 ranked 7th since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of CAC 40.

CAC 40 Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 10 days CAC 40’s price has gone down 6 them.

Overheard on Twitter

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

  • From truemagic68:

    By recent standards Wall Street and Asian bourses have been somewhat somnolent as they continue to ruminate over virus spike & employment data – Suggested European opening calls – FTSE 100 +12 pts at 6227, DAX +4 pts at 12294, CAC 40 +4 pts at 4960, DJIA +22 pts at 26086 @ 5.43am

  • From truemagic68:

    Concern over virus resurgeing in US and China makes markets wary. Expect a pullback early doors – Suggested European opening calls – FTSE 100 -63 points at 6186, DAX -101 points at 12700, CAC 40 -41 points at 4954, DJIA -211 points at 25903 at 5.48am

  • From truemagic68:

    After strong gains in NY, a modest pullback is expected early door. IMF warn of greater global economic contraction Suggested European opening calls – FTSE 100 points -10 at 6232, DAX -48 points at 12271, CAC 40 -15 points at 4937, DJIA -100 points at 26207