After a rough period of high volatility
, as the bollinger bands
prove it, the French benchmark manage to uphold a technical correction, which has reduced the losses it was inflicted last in the past two weeks. The pattern shows the formation of the 3 stars formation, validated by the gap preceding the red doji
of the 1st of September. It is a bearish
figure, leading to suggest that the benchmark's bearish
market has still some few days ahead. The objective of any further slide would be at least around 4429.07 with 4503.2 as a primary objective.
figure will be canceled, should the benchmark close the gap formed on the opening of the 1st of September. If the figure is canceled, 4651.66 will be the primary objective.