CAC 40 Falls Below 8,000 Points
The French CAC 40 index closed the day down 0.91% at 7,911.53 points. Trading volume was about €4.42 billion. This week the index is 1.03% lower.
European markets ended the week lower. The war in the Middle East keeps oil prices high. Oil barrels stayed around $100 each.
US economic numbers were as expected. The fourth‑quarter GDP was revised down, inflation matched forecasts, and consumer confidence fell less than predicted.
US Defense Secretary Pete Hegseth said the Strait of Hormuz is under control, trying to calm investors. The United States also gave a short‑term waiver for buying Russian oil.
Future CAC 40 Technical Levels
Resistance levels: 7,930; 7,958.5; 8,004; 8,055; 8,077; 8,131; 8,170; 8,215; 8,415; 8,551; 8,632; 8,810; 8,910.
Support levels: 7,991.5; 7,873; 7,853; 7,831; 7,740.5; 7,615.5.
When the price stays below 8,015 points, the short‑term bias is bearish.
Current Market Picture
The chart at 2 pm shows a nervous market. Oil prices broke the $100 barrier again, adding pressure.
The index first fell to the previous day’s low of 7,918 points, then to the intraday support near 7,900, reaching a low of 7,872 points.
Later the market recovered and passed the 8,000‑point milestone, helped by US inflation data that met expectations.
During the week, the index dropped sharply on Monday, bounced on Tuesday, and then moved sideways. The coming days will decide if it will bounce higher or keep falling.
To stay positive, the index should stay above 8,000 points and aim for the 8,040‑8,090 resistance zone. Breaking the long‑term upward channel around 8,130‑8,170 would confirm a technical rebound.
Indicators
The MACD histogram is still below zero, hinting at a possible turn. The RSI is flat, showing no clear direction. Trading volume is moderate.
If the price drops below today’s low of 7,872 points, sellers could push it further down. A break of the March 9 low at 7,764 points could open a path to the range between 7,574 and 7,466 points, which held from May to September 2025.
Conclusion
The market still feels pressure. We do not recommend adding to aggressive or investor portfolios yet. Keep watching. If the downside worsens, consider reducing exposure. If the upward channel returns, we could think about adding positions.