The CAC 40 Index futures rose again during the session on yours a, and what is already one of our favorite markets presently. We are long of this market,
The CAC 40 Index futures rose again during the session on yours a, and what is already one of our favorite markets presently. We are long of this market, and see this market moving towards €4000 in the short-term. Because of the bullishness of this market, we are willing to buy any pullback as we believe ultimately the buying pressure will continue. As for selling, we have actually no plans on doing so, and believe this is presently one of the strongest markets out there. With that being said, we are hoping to build a fairly large position over the next couple of weeks.
CAC 40 Index Futures Forecast December 21, 2012, Technical Analysis
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
