Purchase of the Best PUT CAC40 JP50V Infinite Turbo at 4.72 EUR
Analyse :
The CAC40 index made a bullish excess above major resistance at 7,644 points and the 200-day moving average before correcting. This succession of descending troughs and peaks gained momentum with the opening of a bearish gap. The 7,222-point support is under pressure and its breakdown is anticipated. This signal will cause a bearish acceleration towards the following supports at 7,030 then 6,774 points. A close above the major resistance at 7,644 points would push back this expectation.
Choice of Vontobel product:
The Best PUT CAC40 JP50V Infinite Turbo is well suited to this technical scenario. It has no expiry date, its knockout barrier (KO) is at 7,645.47 points, it varies slightly every day. Its current leverage is around 15. It can be bought at 4.72 EUR, with a target on the CAC40 index at 6,774 points and an invalidation at 7,644 points.
The proposed analyzes are monitored and we will publish updates when we think it will be necessary to resell the product highlighted. Tracking becomes void if the product is deactivated. The invalidation objectives and thresholds are indicated for information purposes, they evolve according to market conditions.
Legal disclaimer:
Some information provided in this document may come from sources external to DayByDay. In this case, the accuracy, completeness or relevance of the information provided is not guaranteed although this information has been established from serious sources, deemed reliable. Certain elements of this document are provided based on market data observed at a specific time and which are subject to change.
DayByDay has established this analysis and recommendation in accordance with its analysis methodology, available on the public part of its site, and its investment recommendation methodology, also available on the public part of its site. DayByDay's investment recommendation is not necessarily suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument is of a random nature and therefore involves risks for which he assumes full responsibility. We invite you to read the technical specifications of this product and its risks on the Bank Vontobel Europe website.
DayByDay cannot be held responsible directly or indirectly following the use of information and analyzes by readers. DayByDay is an independent research agency. The reader is informed that DayByDay has no conflict of interest that could affect the objectivity of its analysis or its recommendations. DayByDay analysts are required to respect an ethics charter which is available on the Day By Day website. DayByDay is paid by Bank Vontobel Europe to provide recommendations on its products.
Figures relating to future performance are forecasts and are not a reliable indicator of future performance.
■
