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Short

SHORT CAC40 approaching resistance, potential drop!

TVC:CAC40   CAC 40 Index
CAC40 is approaching our first resistance at 5184.1 (horizontal swing high resistance, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 4950(38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension )

Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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