The CAC40 is moving forth after a long period of consolidation, breaking out 4783.38, which will send it towards 4936.87, with 4850.17 as a primary objective. The benchmark will have 4783.38 as a support level.
Any draw downs will send it to 4753.89, with 4783.38 as a primary objective.
The daily Pivot Point is around 4763.09. The daily support levels are around 4709.19 and 4616.2. The daily resistance levels are around 4856.08 and 4909.98.
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