The CAC 40 Index had another bullish week over the last five sessions as we continue to grind higher. We believe that this market will continue to the
The CAC 40 Index had another bullish week over the last five sessions as we continue to grind higher. We believe that this market will continue to the €4000 level over the course of the next several months, and as such think that any pullback is an opportunity to continue to add to are already long position. We see absolutely no reason to start selling at any point in time, and as such find this is one of the most bullish markets we currently follow. We think that this market should continue higher for 2013, and as such we will be actively buying it from time to time.
CAC 40 Index Futures forecast for the week of December 24, 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.