CAC 40 Slides as Luxury Stocks Slip and Energy Prices Dip

CAC 40 Daily Wrap‑Up

The CAC 40 ended the session lower, dropping 0.64% to 8,274.57 points with a heavy turnover of €4.1 billion.

Luxury decline

The Paris market fell after weak quarterly reports from luxury groups. Kering slid 9.3% to €254 and Hermès dropped 8.2% to €1,636.5 because sales were below expectations. Currency effects also hurt earnings.

Traders also watched Middle‑East news. After talks in Pakistan stalled, U.S. President Donald Trump tried to calm worries about Iran, hinting at possible talks in the next two days. The talk pushed oil prices down: Brent settled around $94 a barrel and U.S. WTI fell to $91.

April Futures – Key Levels

Resistance levels:

  • 7,929.5
  • 7,998
  • 8,050
  • 8,062
  • 8,131.5
  • 8,190
  • 8,214.5
  • 8,277.5
  • 8,303
  • 8,338
  • 8,366
  • 8,423
  • 8,551

Support levels:

  • 7,831
  • 7,749.5
  • 7,615
  • 7,557.5
  • 7,532
  • 7,398.5

For the day, the market is bearish if the index stays below 8,281 points.

Chart Outlook

The April future still feels the impact of the luxury earnings, but it stays above a solid level of 8,214.5 points. A gap that opened on March 7 has not been filled yet, showing that traders still have confidence.

If the index breaks the first resistances at 8,303, 8,319 and 8,338 points, the gap between 8,336 and 8,358 could close, paving the way for higher moves.

Later, filling a second gap between 8,473.5 and 8,544 would boost a bullish scenario toward the long‑term channel’s upper edge.

Note: The candle on 14/04/2026 showed an unusual spike caused by a “fat‑finger” order error. This outlier was ignored in the daily analysis.

What to Watch

If the price falls below the rising channel and the “cease‑fire” gap closes, it could signal the market is losing steam. A drop to the 8,029 zone would likely be just a short‑term pause.

Failure to bounce above 8,029 would be an early warning of weakness. A full gap closure followed by a break could push the index toward an intraday alert level of 7,998 points, opening the path to a deeper correction toward the 7,892‑point “cup with handle” neckline.

Should that neckline break, the next supports are around 7,557.5 and then 7,398.5 points.

Indicators Snapshot

The index trades above its 20‑, 50‑ and 200‑day moving averages. MACD bars are falling but stay above the signal line. The RSI reads neutral. Trading volume is lower than the previous session.

Conclusion

Uncertainty in the economy and geopolitics keeps investors interested in real assets. We see interesting patterns in uranium and platinum and have added them to our portfolios. We will take profit if the two identified gaps close. Meanwhile, we keep hedge tools and bearish strategies active, holding about 60% in a dynamic fund and 63% in an investor‑focused fund, while monitoring the market closely to stay ahead of the CAC 40.

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