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murthyonline

CAC Update

CAC 40 Index (INDEX:CAC40)  
murthyonline  
INDEX:CAC40   CAC 40 Index
Chart Patterns
2
0
chartpattern
Index is making an inverted cup and handle pattern and can fall to the extent of 5000-5100 levels in the coming months.
MACD is entering into negative territory below 0 line. No semi circle/circle drawing tool to draw in the chart.
Start from 5045 and draw semi circle touching 5658 as middle point to get the inverted cup.
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