CAC 40 Index
Short

Cac40 France idea

131
Hey Guys,

Yearly is bullish - but only above 7660.
Q Chart is Bearish - Bearish Engulfment.
Monthly as Well. Quarterly Stochastic is turning down.
3 Zones to watch: 8100 7650 7373

Monthly candle is testing Bullish Trendline… Bounce expected to form a lower igh below the Double Bottom. -> Bearish Chartpattern

I will look for an Entry on the Hourly Chart.

Thanks for reading

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.