CAC40 INDEX IN DAILY CHART Hello to all tradingview investors, according to my previous analysis I see a great opportunity with good probability, the details are reflected in the chart, greetings and good luck to al
FCEN2024 trade ideas
CAC40 bear riskThe market could if he breaks the rectangle go back to the lower level market in redzone.
🥂CAC40: Croisière sur la Seine, avec une bouteille de ChampagneLuxury shares boost Europe's STOXX 600, French stock index TVC:CAC40 hit new record high.
European shares climbed on Thursday on a boost from luxury stocks after XETR:MOH posted upbeat first-quarter sales, while hopes of a pause in the Federal Reserve's rate hikes after signs of cooling U.S. inflation also aided sentiment.
👉 The pan-European STOXX 600 rose 0.4%, while the blue-chip index (STOXX50) gained 0.5%, inching closer to its highest level in 22 years hit on Wednesday.
👉 LVMH climbed 5.7%, closing at a record high after the world's largest luxury company reported a 17% jump in first-quarter sales that breezed past estimates as business in China rebounded sharply.
👉 European stocks have more than recouped last month's declines with gains of 1.4% so far, outperforming the benchmark SP:SPX index on Wall Street, amid ebbing fears of a steep recession in the euro zone.
👉 European stocks are seen as undervalued compared to their U.S. peers. With the economic outlook for the U.S. deteriorating, investors appear happier now to take advantage of this pricing skew and buy relatively cheaper European shares. The risk factor that had been associated with holding European shares is diminishing and this is allowing investment decisions to be made based more on fair value plays.
Technical pictures in France Stock Index TVC:CAC40 indicates the breakout of massive 20-year old Reversed Head & Shoulder structure, so it seems a lot of gain here is yet to come.🥂
CAC 40 Futures ( FCE1! ), H4 Potential for Bullish continuationTitle: CAC 40 Futures ( FCE1! ), H4 Potential for Bullish continuation
Type: Bullish continuation
Resistance: 7381.5
Pivot: 6397.5
Support: 6797.5
Preferred case: Looking at the H4 chart, my overall bias for FCE1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 7381.5, where the previous swing high is.
Alternative scenario: Price may head back down to retest the support at 6797.5, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
CAC 40 Futures ( FCE1! ), H4 Potential for Bullish continuationTitle: CAC 40 Futures ( FCE1! ), H4 Potential for Bullish continuation
Type: Bullish continuation
Resistance: 7381.5
Pivot: 6397.5
Support: 6797.5
Preferred case: Looking at the H4 chart, my overall bias for FCE1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 7381.5, where the previous swing high is.
Alternative scenario: Price may head back down to retest the support at 6797.5, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
CAC 40 Futures ( FCE1! ), H4 Potential for Bullish continuationTitle: CAC 40 Futures ( FCE1! ), H4 Potential for Bullish continuation
Type: Bullish continuation
Resistance: 7381.5
Pivot: 6397.5
Support: 6797.5
Preferred case: Looking at the H4 chart, my overall bias for FCE1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 7381.5, where the previous swing high is.
Alternative scenario: Price may head back down to retest the support at 6797.5, where the 50% Fibonacci line is.
Fundamentals: There are no major news.
CAC 40 Futures ( FCE1! ), D1 Potential for Bullish continuationTitle: CAC 40 Futures ( FCE1! ), D1 Potential for Bullish continuation
Type: Bullish continuation
Resistance: 7381.5
Pivot: 6397.5
Support: 6797.5
Preferred case: Looking at the D1 chart, my overall bias for FCE1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 7381.5, where the previous swing high is.
Alternative scenario: Price may head back down to retest the support at 6797.5, where the 50% Fibonacci line is.
Fundamentals: There are no major news.
CAC 40 Futures ( FCE1! ), D1 Potential for Bullish continuationTitle: CAC 40 Futures ( FCE1! ), D1 Potential for Bullish continuation
Type: Bullish continuation
Resistance: 7381.5
Pivot: 6397.5
Support: 6797.5
Preferred case: Looking at the D1 chart, my overall bias for FCE1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 7381.5, where the previous swing high is.
Alternative scenario: Price may head back down to retest the support at 6797.5, where the 50% Fibonacci line is.
Fundamentals: There are no major news.
CAC 40Cocoa now trades casually, aggressively and also could not break us the strong demand zone that is considered strong support and is now considered a target and if it is broken, it will create that God willing
CAC 40A very sharp and strong landing, knowing that it has reached a very strong display request area, and we can see a light rise and continue to fall to the lowest points.
CAC 40A strong bounce back from a strong resistance zone and continue to land and return to the downward trajectory in order to continue the sharp decline to strong support areas that are considered a target
CAC 40A low, sharp trajectory and a strong bear inside the downward price channel and we can see a good bounce back from the support areas and right now we have a downward trend
CAC 40Now we have a very strong downward trajectory and it's likely to come out of the price channel and continue the steep descent to the lowest points.
CAC 40The arrow is in a strong upward direction, and its penetration of the point of strong resistance will see the arrow accelerate very strongly.
CAC 40CAC 40
Our arrow has moved and achieved the strong goal. It's now moving astonishingly over a very defensive resistance zone.
CAC 40
Our arrow has achieved the strong goal, and now it's at a strong position in case it breaks through, it's going up.
FCE1 CAC40there is a big probability 90% of probability that the CAC40 will going to be down and arrive at the price of 3723 for the next month so i recommend to sell the cac40
powerfull open gap in down cac40 near fibo 161%(target) after it can zigzag and then will go down , in 2 place you must buy with sl=40 and hold min 10 day ,for comming days looking for sell
instead trade cac40 (moves very little) we advice trade FDAX1! or micro dax (comes newly to EUREX need 500$) FDXS1! why ? = dax volatilyty is high and good for scalp and day traders
currection start on cac40if you have buy close it now,,,looking for sell on hp with SL on high
after 6160 looking for buy
downtrend currection start cac 40 must go down to fibo 61% 6170 soon or late
advice =looking for sell on high ,close it in low (sl=high)
buylimit on 6180 is exclent order sl=6142
CAC 40 Next Weeks !CAC Will Rise Next weeks
Next target is 5924 EUR
Keep it in the portfolio
Buy Or double Your investment
