Slowly but almost surely the Cac 40 will raise again. Until a second wave is acted we have no worries about the fact, the BCE and the FED will give enough strengh to the markets. The job here is to find an entry point, nothing else. Which entry point will be the best ?
SPX500 Daily Range 13:46:08 (UTC) Mon Jun 15, 2020
ca va piquer les yeux lol FR40 sharp down
FRA40 - Intraday - We look to Sell at 5190 (stop at 5230) Bespoke resistance is located at 5206. Selling pressure from 5230 resulted in all the initial daily gains being overturned. Buying posted in Asia. Bespoke support is located at 4896. Levels close to the 50% pullback level of 5141 found sellers. Expect trading to remain mixed and volatile. Preferred trade...
Logic: in confirmed uptrend following steep correction & 2 month sideways consolidation. Entry: €365 or better, (ideally to be bought on a pullback into 200D EMA in the €360-€365 area). Stop: €343 Risk: -6.03% Target: €403 initially (gap close), longer term €426, yearly R1 area. Gain: +10.41% & longer term +16.71% Note: longer term play in the strongest luxury name.
hey guys, after a bullish breakout of a major falling trendline, the price is consolidating in a horizontal range. it looks like buying volumes are accumulating to breakthrough the minor resistance and go higher. to jump in wisely wait for a 4H candle close above the range, then buy on a pullback or aggressively aiming at: 91.3 92.4 levels good luck if...
The French index started second leg of double three WXY correction with wave Y, which could hit 5140. This level represents the equal distance of Y=W and also the 61.8% Fib (5166).
Pretty bullish trend for the airline industry, but we've been rising pretty fast last week and a pullback would make sense. We have resistance here at 81ish. However, I feel it's risky to short with all of the greed and optimism out there right now.
Logic: close & re-test of 50D EMA puts AXA in intermediate uptrend following significant drop and 2 months sideways consolidation. Entry: €17.00- €17.20 Stop: €15.50 (can consider lower if longer term outlook) Risk: -9.88% Target: €20.50 & ultimately €23.00 yearly pivot retest from February drop. Gain: +19.48% & longer term target +33.72% Note: among highest...
Thanks for your likes and shares! Much appreciated! _____________________________________________ The market is in a recovery mood . The actual range can possibility be a good entry for a short direction profitable trade. The upper level can possibly see a nice entry for long direction trade, BUT, beware of pullback because it is a strong resistance line. If...
FRA40 - Intraday - We look to Sell at 4793 (stop at 4840) Majority of the initial daily gains being overturned. Bespoke resistance is located at 4725. The rally has posted an exhaustion count on the intraday chart. The 161.8% Fibonacci extension is located at 4793 from 4193 to 4564. Preferred trade is to sell into rallies. Our profit targets will be 4564 and...
CAC40 In a good position, but not the best YET
FR/EN Beaucoup de vendeurs lors du krash COV-19 ! Cependant ils restent encore des vendeurs dans le marché et les actionnaires qui ne croient pas aux orientations de l'entreprise doivent partir et laisser les croyants à la renaissance du fleuron francais, bien que pluriculture désormais avec Nissan depuis 1999 et Mitsubishi depuis 2017. D'un point de vue...
I remain short the CAC40 index as from the previous post linked, I remain short the CAC40 index as from the previous post linked,
As of the open today, the French stock market is down 32 percent from February. There's a broad based stock market crash going on, with financials down 42% year to date. For this, I will be shorting from these regions, and using the futures index as it's proxy. 13:51:33 (UTC) Wed May 13, 2020