Hello My friends! French index CAC Just Little fundamental analis:) Oland dont meet with Putin. France dont make money on Mistral deal and Poland asked Ollande "not hysteria" because of the failure to buy helicopters from France. Just disappointment. But in technical analysis need go up until lvel 78.6 and after fall I think market will start fall in...
August 31, 2016 Everything is on the chart. It is very precise and you may doubt that it's feasible I know. The lines are not random, they correspond to very specific levels (4700 -> 4450 -> 4500 -> 4280/4310 -> 4450 -> 4084 -> 4300 -> 4090 -> 4180 -> 4084 -> 3709 -> 3904 -> 3556 -> 3477 -> dead cat bounce -> 3050/3100 I would go long now until 4700. Some bad...
August 25, 2016 Hello folks, so I have mentioned several time the target of 4600 and 4666 regarding the CAC 40. I guess it will be made possible tomorrow Friday thanks to the GDP figure (rigged?) and the subsequent speech by Janet Yellen. However, regarding this week's erratic and incessant fights between bears and bulls to keep 4383 safe, I have set a new...
Short risking a new 2016 high. The ECB, FED and all other central banks are superficial inflating and doing all they can but the world is in disarray and needs a breather.
Short risking June'16 high. The ECB, FED and all other central banks are superficial inflating and doing all they can but the world is in disarray and needs a breather.
Short risking last week's high. The central banks doing all they can but the world is in disarray and needs a breather.
Hello folks ! This is my first post on tradingview.com. This is an abstract from one of my blogs: www.lucky-index-trading.blogspot.com Enjoy :) I have reconfirmed a short-selling target of the CAC 40 at about 4600. Stop-loss orders could be set above 4700. First bearish target: ~3450-3500 Second bearish target: ~3050 Please find below a graph (weekly)...
Using our indicators we have set a spread trading on DAX - CAC. It's the time to buy DAX and to sell CAC .
The CAC40 is extending its losses, as it has closed in the red for the third consecutive session. The CAC40 is leaning back on its EMA20, which forms a major support zone, alongside its 4850.17 support level. It will find strong support around that area, as volatility is decreasing, and the trend is still bullish, with 4850.17 as a support level. An opening...
The CAC40 is showing signs of weakness, that may be vanquished after the better than expected unemployment report, which was published yesterday. The benchmark will have 4972.7 as an objective, should it breakout 4924.24, especially if the benchmark opens with a bullish gap today. The benchmark will head to 4850.17, should it breakout 4881.05. The daily Pivot...
The CAC40 is moving forth after a long period of consolidation, breaking out 4783.38, which will send it towards 4936.87, with 4850.17 as a primary objective. The benchmark will have 4783.38 as a support level. Any draw downs will send it to 4753.89, with 4783.38 as a primary objective. The daily Pivot Point is around 4763.09. The daily support levels are around...
The CAC40 closed in a neutral long-legged doji. It is still unable to close below 4673.96. Although, it breached it many times, but buying pressures were keeping it above that level. The benchmark still needs to breakout 4718.88 to go back to 4744.97, which breaching will send it up to 4783.38. Only a breakout of 4642.94 will send it south towards 4580.84, with...
The CAC40 closed yesterday in the red. The pattern suggest the bearish market to continue with 4619.88 as an objective, and 4637.19 as a primary objective. Only a breakout of the 4718.88 level, will send the benchmark back to 4744.97, which breaking out will send it to 4783.38. The daily Pivot Point 4678.58. The daily support levels are around 4645.21 and...
The CAC 40 is rallying, and is currently on the threshold of breaking out 4673.96, which will send it upward to 4709.35. Failing to break out 4673.96 will send it back to 4581.91, with 4623.33 as a primary objective. The daily Pivot Point is around 4644.90. The daily support levels are around 4605.02 and 4549.40. The daily resistance levels are around 4700.52...
CAC 40 has seen some profit taking over the past couple of weeks and has formed an inverse H & S continuation pattern that is awaiting validation. A successful break and consecutive 2hr closes above 5104 could see the CAC head towards its measured target of 5277. Failure to validate the pattern and break below 5k is a bearish development that should see continued...
There is a bright future for the French index. Baring in mind that ECB will inject fresh money in the market, the Index is well oriented and the trend is clear. If the Greek Debt problem is solved by this week-end which will be solved, then, you can easily get long in the market. No correction yet forseen.
The technical picture on the CAC shows clear price weakness, the price remains inside a series Andrew's pitchforks and looks determined to head lower. In addition to that, the stochastic oscillator is now in oversold territory which is a signal that more upside potential is limited. From a fundamental point of view the renewal of the Grexit fear could trigger the...
Looking at the tops of 2000, and 2007, it is interesting to see where we are 06. Nov 2014 in price and time related to these two former tops. Calculating the time from the Sept. 2000 to the October 2007 top, and then extend the 85 bars from 2007 to November 2014. Markets can be due for longer correction. Adding the pitchfork shows the index streched on price....