AndyM
Short

Likely an ending wedge in CAC

FX:FRA40   CAC 40 Index
59 0 4
I think EU&GB indices are all running a flat or a zigzag correction which, once completed, will be followed by the next wave of the bear market which should yield a 20-25% decline in indices. In CAC40 I see there is an ending wedge forming in the C wave of a flat correction , which suggests it should be very quickly retraced.

I don't want to call tops any more, I now want the top to show itself, but once we see the top formed the decline will be quite steep. We need to wait for a few more days in order to see the market reversal.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out