French CAC Index Lagging

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Of the 6 World Indices below, the French CAC Index is lagging. It’s been relatively weak since September 2011, and has failed to reach new highs (and been in a major decline) since August 2000. A drop and hold below the major support level of 4,000 could spell some major problems for France and other EU countries.

S&P 500 Index

Canada’s TSX Index

China’s Shanghai Index

U.K.’S FTSE 100 Index

Germany’s DAX Index

France’s CAC Index