CAC 40 Daily Update
Closing figures: The CAC 40 cash index ended the session down 1.12% at 8,331.05 points with a large turnover of €4.015 billion.
The Paris stock market slipped as traders reacted to fresh geopolitical worries. A brief optimism seen on Friday faded over the weekend.
Iran fired missiles in the Strait of Hormuz, an act the United States called a full violation of the cease‑fire. At the same time, the US intercepted an Iranian vessel in the Gulf of Oman, raising diplomatic tension just hours before the cease‑fire deadline.
Former President Donald Trump announced that US envoys would travel to Islamabad to propose what he called a "very fair" deal for Iran. He also warned that if Tehran rejects the offer, the United States would destroy every Iranian power plant and bridge.
These statements keep markets nervous because the outcome of the talks is still unclear.
Oil prices reacted strongly. Brent crude climbed toward $95, while WTI hovered near $100. The rise in oil helped TotalEnergies gain 1.83%, closing at €74.41.
Future Contracts (May)
Resistance levels: 8,332 → 8,475 → 8,652.5
Support levels: 8,237.5 → 8,201.5 → 8,162.5 → 8,090 → 8,062 → 7,984 → 7,961 → 7,834 → 7,719 → 7,669 → 7,540.5
In intraday trading, the bias stays bearish below 8,288 points.
Technical View
At 2 p.m., the CAC 40 future kept its upward tilt as long as it stayed above the 8,060‑point zone, which matches the 20‑day moving average. The index also remains solid above 8,214.5 points – the lower border of its long‑term up‑channel.
Since April 8, 2026, the index has bounced between 8,156 and 8,332 points. A clear break above the top of this range could close the short‑term upward gap (8,336‑8,358) and set the stage for a larger rally toward the long‑term ceiling near 8,800 points.
Note: The candle on 14/04/2026 shows a "fat‑finger" error – an accidental order entry that caused a technical price move. This anomaly was ignored in the daily analysis.
If the price falls through the rising channel and fills the "cease‑fire" gap, it may signal the first sign of market fatigue. A drop to the 8,029‑point area would still be a normal consolidation. However, failure to rebound above that level could indicate short‑term weakness, potentially opening a larger correction toward 7,998 points and further down to 7,834, 7,779, or even 7,669 points.
Indicator Summary
The index trades above its 20, 50, and 200‑day moving averages. MACD histogram bars are falling but stay above the signal line. The RSI reads neutral, and trading volume is lower than the previous session.
Outlook
Historic highs are still reachable if geopolitical tensions calm down. The upcoming earnings season adds extra volatility, especially in an environment still marked by economic uncertainty and international disputes. The temporary cease‑fire is set to expire tomorrow, so we continue to take partial profits while watching the market closely.