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CAC slips below 7,500 again
Following on from much earlier reports here today, noting how the early European rebound in stocks was not extending, it is not much of a surprise here to see that both the DAX and the CAC are now challenging milestone levels again. The DAX is right now pressing on 18k once more and the CAC 40 is just this minute trading back below 7,500. The risk of sellers re-emerging on rallies was highlighted here earlier and as you can now see, that has been the case again today. So, once again it looks like rallies are there to be sold, until something material changes in the geopolitical landscape dynamic. For what it is worth, the Dow Jones futures are now pricing a reopening at below 38,500. The CAC 40 is currently trading at 7,496
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