CAC 40 Index

TVC

CAC40 (Derived Data)

*Please support this idea with a LIKE if it helps you. Thanks! More details about me in my signature. CAC40 has been labeled within a Sub-Millennium degree wave 4 (blue), which has been unfolding ever since the Dot-Com bubble. Structure - Flat Formation 2000 peaks and down until 2003 bottoms - Grand Super-Cycle wave A (black) 2003 bottoms up until 2007 tops -...

Trade idea For now, we are seeing a nice recovery in CAC40, after the strong sell-off that the index experienced on Monday. As long as it remains below that upside line, we will remain bearish over the short-term outlook and aim a bit lower. Please see the chart for levels and targets. Don't forget your stop-loss.

The French CAC40 has struggled to break above the resistance zone into all time new highs. The ECB has promised cutting rates further negative and more stimulus...we shall wait to see the developments, but so far the markets have already priced that in and sold off today after the announcement. The CAC40 on the 4 hour shows 2/3 market trends. We had an uptrend...

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Trade idea CAC40 got held near its April high, at around 5600 barrier. If the index breaks above it, we may see the price moving further up, to test the 2018 high, near the 5657 zone. This is a quick shout-out. The chart is self-explanatory. Please see the levels and targets on it. Don't forget your stop-loss.

good luck Thanks

1HR:Buys at 5374.00

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Invalidation 5380

Trade Idea This is just a quick shout-out on CAC40, which has broken the short-term downside line and also one of the key resistance barrier at 5345. Please see the chart for levels and targets. Don't forget your stop-loss.

Trade idea. Yesterday, the index managed to recover some of its losses and traveled higher to test the short-term tentative downside line. If that line continues to hold the rate down, then we could see another round of selling. But if it breaks and we see at least a 4-hour candle closing above it, this might increase the chances for a further push higher. That...

downtrend

CAC is quite strangely printing on the big 1W/1M time frames a similar trading pattern with the early - mid 90s. The MA50/200 sequence is identical within a Channel Up with two distinct peaks that broke the Channel momentarily before testing again the supporting trend line. What stands out in particular is the +46.50% rebound from the first Higher Low on both...

*Please support this idea with a LIKE if it helps you. Thanks! More details about me in my signature. CAC40 - Elliott Wave Outlook Bearish Swings - Patterns: Triple Three structure in Cycle Wave IV (green) W (purple) - Zig-Zag X (purple) - Three (false break-out) Y (purple) - Simple Flat X (purple) - Contracting Triangle Z (purple) - Zig-Zag Bullish Swings -...

We can look for shorts if that weekly doji candle breaks down. If bears are able to successfully defend this key resistance we could see a move down towards 5100. If not a continuation towards 6150 is likely.

If you like this idea, please support it with a like. Thank you. CAC40 labeled as a bullish impulse in Intermediate (1) (blue), with a deep bearish retracement starting.

Price action just cant quite get back into that really beautiful channel the CAC40 was running in the past three months. I expect once price action hits resistance that we'll see a bit of a pullback.

While the CAC40 gave traders an almost perfect technical upward channel for January February and most of March, that channel was broken last week only to be somewhat regained over the past few sessions. It still does not know however if that channel support line is now resistance or still support. Moving averages all signal upward momentum while bull bear...