CAC 40 4 Hour Price Update
Updated August 03, 2020 07:13 AM GMT (03:13 AM EST)
The end of a 3 four-hour candle negative run has come for CAC 40, which finished the last 4 hour candle up 0.44% (21.02). Relative to other instruments in the 8 major global equity indices asset class, CAC 40 ranked 2nd since the last 4 hour candle in terms of percentage price change.
CAC 40 Daily Price Recap
CAC 40 came into today down 1.43% (69.25) from the open of the day prior, marking the 2nd day in a row a decline has happened. Relative to other instruments in the 8 major global equity indices asset class, CAC 40 ranked 6th since the day prior in terms of percentage price change. 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 14 day horizon; over that time period, price has been moving down. Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone down 7 out of the past 10 days.
Overheard on Twitter
Behold! Here are the top tweets related to CAC 40:
- From DjDowJones2:
July recapSilver: +34.23%
Crude Oil: +1.79%
CAC 40: -3.09%
- From JoucaJouca:
@vzCerberus Let’s increase the CAC 40 with your company Cerb pog