CAC 40 Index
A ~10% uptick is still due in all major indices. Similar structures in SPX, NASDAQ, RTSI. In the FX world, EURUSD at 1.12...1.14 is back on the table, and this range will be hit at the same time as stocks reach their cycle high. The funny thing is -- USDJPY is also ripe for a correction to ~136..137, which means that a new (and final) multi-year high in EURJPY...
Fra 40 is currently is wave 5 of minor degree. Look for the ALT count.
Hi there, CAC40 is breakding down. Watch for breakdown and look for sell. Good Luck
This market is presently losing momentum quickly (RSI daggerfall). Look to enter a trade on small retracement of the last daily candle . Target fibs to the demand zone, scaling out of position at the minor structure zones. Trade on chart
Sells continue for this index, shorting down to the very end. Enjoy And remember, proper risk management
After Brexit French economy grow as money moved from London to Europe. But how long this Index can hold it's growth it's an important question. Weekly channel showing it's above the line and 2022-23 are interest rate years and growth stocks can drop.
Price closed above 6985.74. Watch for buying opportunities.
France break it's level after 2 decades but how it react from 1988 it's interesting, French economy not lie German or USA and what it gained after pandemic how long it will hold it's a question mark but inflation rising in every country and a U turn is not far.
Fra40 Index can take u turn after hitting close to its 21 year old level. We can see big divergence in daily chart time frame on Rsi. Mostly USA and Europe index touch all time high and we are still in uncertainty about economy and COVID Delta fear rising again. Shorting is idea for now but if wait with cash for a better opportunity it will be wise decision.
France 40 Index approaching it's old all time high score, but this time economy also bad with high inflation while COVID is back again in Delta shape. The only wise decision to wait with cash or trim the positions.
We saw CAC40 index breakout last day of the trading week, however on a negative sentiments with relatively low volume. This could lead to price rejection. IF PRICE IS REJECTED, the index could be heading towards its mean value. Higher timeframe sentiments remains bullish. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
CAC 40 short-term target roughly till May
THE CAC 40 broke the triangle up instead breaking it down !! but it was a good opportunity to buy
FRA40 let's go this is another index am watching and am currently looking a sell position.