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CAC 40 Index Futures Forecast December 24, 2012, Technical Analysis

By
Christopher Lewis
Updated: Aug 21, 2015, 01:00 GMT+00:00

The CAC 40 index initially fell on Friday, but the bullishness of this market continues as we march higher. The European debt markets are starting to

CAC 40 Index Futures Forecast December 24, 2012, Technical Analysis

The CAC 40 index initially fell on Friday, but the bullishness of this market continues as we march higher. The European debt markets are starting to quiet down and as such more and more money is flowing into equities on the continent, and France is certainly one of the “safest” places to put that money to work. Because of this, we believe that this market will continue to move higher, and we are very bullish of it. We are comfortable buying at this point in time.

 

CAC 40 Index Futures Forecast December 24, 2012, Technical Analysis

About the Author

Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.

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