Pashabxl

CAC40: A little correction forseen but no change in trend

FX:FRA40   CAC 40 Index
57 0 1
The French index is on a little rising Wedge with a potential correction bellow 5067 until 5041 or 5020. Bellow 4999, it is another situation but the Kumo cloud make no further annoucement but a little downside correction.
Bare in mind that ECB will put another 60 Bio€on the table in the framework of QE . So this will have an impact on the market.
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