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CAC40 - Elliott Wave Outlook
Bearish Swings - Patterns: Triple Three structure in Cycle Wave IV (green) W (purple) - Zig-Zag X (purple) - Three (false break-out) Y (purple) - Simple Flat X (purple) - Contracting Triangle Z (purple) - Zig-Zag
Bullish Swings - Patterns: Impulse in Intermediate (1) (blue) Extension in Minor 3 (green)
Next expected swing: Bearish sequence in Intermediate (2) (blue)
Structure change: Bullish continuation in an impulsive manner could lead towards more up-side for an Ending Diagonal.
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Running Flat under development for CAC40 (FRA40)
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