Short

Double top on CAC40

Updated

A beautiful double top appeared on CAC40 index, the neckline has been broken this week. Down potential between -2.5% and -10%

Trade active

Pullback over the neckline is possible, price will hit 5200 and then initiate the down to 4400

Note

pullback is observed over the neckline but the bearish scenario stay the best option

snapshot

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