CAC 40

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The CAC40 should recoup its losses from the previous day

02/19/2020 | 02:01am
Opinion : Check out the trading range breakout  6030/  6110
The Paris Stock Exchange ended the quarter down a limited 0.48% to 6,056 points yesterday, in the wake of the Asian markets and Apple's earnings warning for the current quarter, due to the outbreak of coronavirus.
After a long weekend due to a tie with the Presidents, the American indexes also fell short. The Dow Jones lost 0.56% and 29232 points, the S&P500 lost 0.29% and 3370 points. The Nasdaq100 has, for its part, grabbed 0.06%, thus paying itself the luxury of setting a new record, with Apple's limited decline (-1.8%); Today, the CAC40 should recoup its losses of the previous day as suggested by the futures contracts up 0.5%. Graphically, no change, horizontal consolidation continues and we will have to wait for the exit of the 6030/6110 points to return to a strong momentum.
Laurent Polsinelli
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