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CAC lifts further above 7,500- where next?

Since the last update here on the European stock markets, the DAX has now extended its gains to above 18,775 and that has helped to lift the CAC 40 above 7,500 and just now above the 7,510 level mentioned earlier today. The push further above 7,500 comes after what looks like a more decisive move above its 50 day moving average (in place right now at 7,471). There is actually still a price gap open on the daily charts, from the high seen own September 4, at 7,530 and the low seen the day before, at 7,564. It could be that is what the index is now attempting to fill. We shall see as the day further unfolds. The CAC 40 is just now trading at 7,515 

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