Quarterly Outlook
Q3 Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Technical Analyst, Saxo Bank
FRA40 cfd (CAC40) gapped lower this morning dipping close to the 200 weekly SMA which combined with the 0.618 Fibonacci retracement at around 5,945, will offer some support .
If Bargain hunters cannot close the gap with in next couple of days lower levels are likely.