CAC 40 Daily Price Recap
The back and forth price flow continues for CAC 40, which started today off at 4499.01 US dollars, up 3.42% ($148.85) from the previous day. CAC 40 outperformed all 8 assets in the 8 major global equity indices asset class since the previous day. The daily price chart of CAC 40 below illustrates.
CAC 40 Technical Analysis
Volatility for CAC 40 has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. For another vantage point, consider that CAC 40’s price has gone up 9 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about CAC 40:
- From birkett2222:
@tammytastic69 @itsapanfull @acgrayling Why would I know the stock levels of a certain company this weekend…. why don’t I give you the number and you can find out for yourself? I’m sure a CAC 40 company will be happy to share such information with such a pleb 👍Now hopefully that answers your question
- From jmhorp:
World stock markets, 1-year returnS&P 500 (US) -0.9%
OMXS30 (Sweden) -7.6%
NIKKEI (Japan) -10.7%
DAX (Germany) -12.6%
KOSPI (Korea) -14.8%
STOXX 50 (Europe) -17.0%
CAC 40 (France) -19.1%
STI (Singapore) -21.9%
FTSEMIB (Italy) -22.5%
FTSE 100 (UK) -22.5%
IBEX 35 (Spain) -28.0%
- From dmadden_CMC:
FTSE 100 is expected to open 44 points higher at 5,830DAX 30 is expected to open 110 points higher at 10,735CAC 40 is expected to open 46 points higher at 4,545
In terms of news links for CAC 40 here’s one to try:
Note: Low and High figures are for the trading day….Dow Jones Futures Chart Created in Trading View IGCS shows about 33.14% of DAX 30 traders are net long which is down from roughly 65% upside bias in March.