FX:FRA40   CAC 40 index of French listed shares
57 0 3
a year ago
in this timeframe, a small head & shoulders has appeared & confirm that price could make a beautiful bearish movement untill my previous target. that's possible price make a wide pullback on the neckline, near of my "energy point", but i don't think so. according to the momentum indicators and the two "long term moving average", i think that the pullbakc is soon ended. head projection put the price at the Andrew's pitchfork median line level ( median line is touched in 80% of case). but, we should take care of the 50% & the 61.8µ fibonacci retracement of previous wave.

note : that's only a technical analysis , i've not watched the economic news of the next hours & days
a year ago
Comment: oups.....
i forgot to say that there's an obvious support at 4660, & that price is actually testing it

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