{"id":54852,"date":"2023-09-18T09:50:00","date_gmt":"2023-09-18T08:50:00","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=54852"},"modified":"2023-09-18T10:33:30","modified_gmt":"2023-09-18T09:33:30","slug":"cac-40-index-first-indication-of-bullish-strength-above-7500-points","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/cac-40-index-first-indication-of-bullish-strength-above-7500-points\/","title":{"rendered":"CAC 40 Index : First indication of bullish strength above 7,500 points."},"content":{"rendered":"\n
For more than three months now, the Cac 40 index<\/strong> (the French stock market benchmark) has been consolidating sideways above the solid static support located in the 7,100-7,050 point area, but has failed to extend upwards decisively.<\/h5><\/div>\n\n\n\n\n\n\n\n
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However, the technical situation is interesting given that various quantitative indicators are registering a marked contraction in volatility, a situation that often anticipates the start of major impulsive movements (Bollinger Bands, for example, are compressing around prices).<\/p>\n\n\n\n

A first demonstration of force will arrive with the overcoming of the barrier, graphical and psychological, of the 7.500 points<\/strong> even if a new bullish signal of directional type will arrive only with the breakout of quota 7.580 (and will have a first target to 7.700 points).<\/p>\n\n\n\n

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Click on the image to enlarge it.<\/p>\n\n\n\n

A daily close below 7,000 points will instead provide a dangerous bearish signal<\/strong> that can push prices towards the next graphic support positioned at 6,800 points (the last support able to prevent a bearish trend reversal).<\/p>\n\n\n\n

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Click on the image to enlarge it.<\/p>\n\n\n\n

The following ETFs can be used to invest in the French CAC 40 stock market:<\/strong><\/p>\n\n\n\n

Xtrackers Cac 40, ISIN LU0322250985<\/strong>. This ETF has \u20ac175m in assets under management, physical replication of the underlying and a distribution policy (with dividends being distributed annually to investors). The total expense ratio (TER) is 0.20% per annum.<\/p>\n\n\n\n

Amundi Cac 40, ISIN LU1681046931<\/strong>. This ETF has \u20ac567m in assets under management, physical replication of the underlying and adopts an accumulation policy (with dividends being reinvested within the fund. The total expense ratio (TER) is 0.25% per annum.<\/p>\n\n\n\n

Lyxor Cac 40, ISIN FR0007052782<\/strong>. This ETF has \u20ac3,008m in assets under management, physical replication of the underlying and a distribution policy (with dividends distributed annually to investors. The total expense ratio (TER) is 0.25% per annum.<\/p>\n\n\n\n

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Disclaimer<\/strong><\/p>\n\n\n\n

The contents of these notes and the opinions expressed should in no way be regarded as an invitation to invest. The analyses do not constitute a solicitation to buy or sell any financial instrument.The purpose of these notes is financial analysis and investment research. Where recommendations are made, they are of a general nature, are addressed to an indistinct audience and lack the element of personalisation. Although the result of extensive analysis, the information contained in these notes may contain errors. Under no circumstances can the authors be held liable for any choices made by readers on the basis of such erroneous information.erroneous information. Anyone deciding to carry out any financial transaction on the basis of the information contained in the site does so assuming full responsibility.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

For more than three months now, the Cac 40 index (the French stock market benchmark) has been consolidating sideways above the solid static support located in the 7,100-7,050 point area, but has failed to extend upwards decisively.<\/p>\n","protected":false},"author":4,"featured_media":53920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[464],"tags":[205,482,185],"class_list":["post-54852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis-and-etfs","tag-amundi","tag-cac-40","tag-dws"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/54852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=54852"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/54852\/revisions"}],"predecessor-version":[{"id":54855,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/54852\/revisions\/54855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/53920"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=54852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=54852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=54852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}