Short term analysis of 1.26.2016 | 11.40
Opinion: In surveillance. Monitoring the output of the range 4225 EUR / 4290 EUR
Penalized by the drop in Asian markets and the fallout of the black gold, the Paris index opened in bearish gap net this morning and rallied in the wake of the 4230 point area. It nevertheless attempts to limit its losses and currently yields 0.68% to 4282 points.
US futures are meanwhile down 0.3%.
As for statistics, operators will learn the Case Shiller index of house prices at 15h and index Flash Services PMI at 15.45 and the consumer confidence index to 16h.
In daily data, the trend neutralizes. The bearish objective point of 4230 was nevertheless reached this morning, the level on which the CAC 40 rebounds. We now follow the release of 4225/4290 points for action.