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CAC40 - Daily - Possible Short Opportunity

Short
CAC 40 Index (TVC:CAC40)  
Matbou-Lg  
TVC:CAC40   CAC 40 Index
Trend Analysis Technical Indicators
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trendanalysis indicator
Hello Traders,

This graph shows the CAC40 on a daily timeframe.

The graph shows the convergence between actual downtrend resistance and EMA100. It shows also a level of resistance on the RSI indicator.
Impact points on resistances and EMA100 are shown by golden dots.

The CAC might go a bit higher but shall reverse downtrend

Do not hesitate to comment it is my first posting 😊

Regards,

snapshot
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