CAC 40 Gains Slightly Amid Venezuela Crisis and Technical Upswing

The CAC 40 cash index edged up 0.20% to finish the session at 8,211.5 points, with €2.87 billion traded.

President Donald Trump’s aggressive remarks – notably his claim that the United States now “controls” Venezuela and his threats toward Greenland – added a geopolitical flavor to the day’s trading. Defense stocks and precious‑metal makers took advantage, posting clear gains.

From a technical standpoint, the January CAC 40 futures continued to accumulate above the upper boundary of last week’s trading range, reinforcing a constructive bias. Key price levels to watch are:

• Resistance zones: 8,234 – 8,282 – 8,329.5 – 8,360 – 8,450 – 8,495
• Support zones: 8,205 – 8,169 – 8,146 – 8,134 – 8,106 – 8,090 – 8,055.5 – 7,991 – 7,926.5 – 7,910.5 – 7,897 – 7,859 – 7,830 – 7,765

Intraday sentiment stays bullish as long as the index remains above the 8,172‑point line.

Graphically, the futures chart (14:00 data) shows a steady building phase above the recent high, suggesting that the short‑term uptrend could extend toward new historical peaks. The all‑time cash record of 8,271.48 points, set on 20 October, still looms as a target, while the long‑term bullish trend line sits around 8,282 points on the futures contract.

Technical indicators remain broadly positive. The MACD histogram is climbing within the upper half of its range, indicating strengthening upward momentum. The RSI has slipped into short‑term overbought territory, hinting at a possible pause or “breathing” period. Volume is modestly rising, reflecting measured participation.

If the index were to fall back into the consolidation band between 8,169 and 8,043 points, the current technical structure could weaken, pushing the price toward the mid‑range around 8,106 points. A decisive break below the 8,043 intraday alert zone would likely trigger a sharper correction.

In summary, the ongoing bullish recovery appears credible, but investors should seek confirmation throughout the week before aiming for fresh highs. A gradual, disciplined scaling‑in of positions—focusing on stocks with solid fundamentals—remains the prudent approach while staying alert to any abrupt market shifts.