Short term H&S
Political Risk - On = Higher corporate spreads for french companies
210 sellers pullback till 195/190 bp
Price to sales ratio over 3.3x and all about taxes priced...
Japanese NIKKEI sell too
Sell and wait till 9.500 for shorts
118.75 long - Target 124
Pullback done to the trendline, now bearish wave.
Sell and wait for short
Be careful with any raising capital from 10-15 bn EUR.
GAP 1 3310
GAP 2 3272
GAP 3 3238
Buy at 0.14/0.15
Nasdaq overnight has hit monthly R1 (Pivot). Expected retracement till 5080/5120