📈 SigmaTrader Blog

CAC 40 on the Edge — Will France’s Market Index Break Out or Fake Out? 🇫🇷📈 The CAC 40 , France’s leading stock market index, is once again testing its long-term trendline — a level it has touched three times before. And as technical traders know, the fourth touch can often decide the fate of the trend: breakout or breakdown . If the CAC 40 breaks above this level, we could be looking at a “blue sky setup” , where price moves into uncharted territory with limited resistance. But as always, there are no guarantees in the stock market — only probabilities . We can’t predict the future, but we can prepare for it. Our Exposure to France’s Top Stocks We currently have exposure to several leading French companies — names that represent the strength and diversity of the French economy: LVMH ($MC) – The parent company of Louis Vuitton , a global luxury powerhouse. Hermès (RMS) – Symbol of timeless craftsmanship and exclusivity. Airbus ($AIR) – One of the world’s biggest a...

 LVMH ($MC), the global luxury goods giant, has recently been hit hard, with its stock price taking another beating after its third-quarter results missed expectations. Growth forecasts have been adjusted downward, with JP Morgan lowering its target price from 720 EUR to 685 EUR. This has raised the question: Is this a great buying opportunity or just a case of catching a falling knife? Nobody can predict the perfect time to buy, but when a strong business like LVMH is down 35% from its all-time high and sitting around a support level, we see potential value for long-term investors. If the stock price continues to drop, it could present an even better opportunity to accumulate more shares in a high-quality company. For those unfamiliar, LVMH owns 75 luxury brands, including Louis Vuitton, Dior, Kenzo, Bulgari, and even Princess Yachts—brands synonymous with luxury and resilience. From a technical perspective, the 576 EUR level appears to be a solid support as the stock has bounced ...