Hermes Intl. Lets Try The Screwdriver NowHermès International S.A. is a French luxury design house established on 15 June 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear.
Since the 1950s, its logo has been a depiction of a ducal horse-drawn carriage.
Technical graph for Hermes stocks (US Dollars - denominated) indicates they turned to extra hot levels earlier this year, somewhere in mid-February 2024.
Due to common uncertainty the bubble is going to be finally screwed.
Cac40short
CAC40 Vulnerable Amidst French TurmoilThesis: A confluence of internal political divisions, social unrest, and external economic pressures creates a compelling shorting opportunity in the CAC40 index.
Key Points:
Domestic Disarray: Recent elections have strengthened the far-right in France, weakening President Macron's centrist hold on power. This political fragmentation leads to policy gridlock and hampers economic stability.
Social Unrest: Macron's economic policies have alienated segments of the population, triggering protests and strikes that disrupt business activity.
Global Headwinds: Rising populism across Europe and the ongoing war in Ukraine create a volatile global economic environment. This uncertainty further strains the French economic outlook through inflationary pressures and supply chain disruptions.
Bearish Outlook for CAC40: The aforementioned factors are likely to negatively impact the performance of companies listed on the CAC40. Investor sentiment is already shifting, as evidenced by recent hedge fund activity in European stocks.
short #fra40 around 7550 with minimum 200 pts target at 7350i wont say much stuff,but what i will say ,its full fundamental and what happens in the country
#cac40 (fra40 outperform many index,if its not all) while in France all gone bad since many weeks
Big protest and it is not finish..
next data will surely be down as protest had block few sector
the President public opinion had never been so low u can go on twitter every day in the best trend have aty least 2 tag for him and all are bad.
so i dunno but many gap still open far down
and at anytime i big drama protest can happens too
but technically have so much gap to fill
CAC40 to breakdown?FRA40 - Intraday - We look to Sell a break of 7509 (stop at 7561)
Previous support located at 7500.
Previous resistance located at 7570.
Price action looks to be forming a top.
Short term momentum is bearish.
A move through 7500 will confirm the bearish momentum.
Our profit targets will be 7385 and 7365
Resistance: 7570 / 7600 / 7650
Support: 7500 / 7350 / 7300
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CAC to breakdown?FRA40 - 24h expiry -
Doji-style candle has been posted at the high.
Previous support is located at 7475.
Previous resistance is located at 7525.
Price action looks to be forming a top.
Short-term momentum is bearish.
A move through 7475 will confirm the bearish momentum.
We look to Sell a break of 7479 (stop at 7545)
Our profit targets will be 7325 and 7300
Resistance: 7525 / 7550 / 7600
Support: 7475 / 7400 / 7300
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Jamie Gun2Head Trade - Selling CACTrade Idea: Sell CAC
Reasoning: Medium term looking bearish - selling a break of a descending triangle
Entry Level: 5896
Take Profit Level: 5787
Stop Loss: 5949
Risk/Reward: 2.06:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
CAC40 will turn around hereBetting that CAC40 will turn around here after a long upturn. Mainly based on RSI and MACD
Jamie Trade Idea - Sell CACTrade Idea: Selling FRA40
Reasoning: Indices seeing a further sell off this week - 50% fib level?
Entry Level: 6314
Take Profit Level: 6024
Stop Loss: 6403
Risk/Reward: 3.26:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
CAC40 Bearish (Downtrend)CAC40 has officially become bearish, I think that was pretty obvious two or three days ago. We've got a bearish divergence on the 1-day timeframe, not to mention the fact stoch and rsi is both topped out completely on 1 week and 1 month timeframe, I believe we could be seeing lows of 6300 points.
Due to the FED moving towards tapering it's possible there could be a tantrum within the market causing major indicies to crash.
4-hour timeframe H&S completed
30-minute timeframe bearish divergence
Descending Channel on countless timeframes (lower)
We're seeing most timeframes oversold though which is quite worrying, however, they seem to be building up due to it just hovering around so we'll see how the market plays out.
France 40 ShortBased on SP500 rejecting a key level and on the Low time frame France 40 showing a significant rejection. We have a chance of going for the lows. Currently short with a stop at 6533.
The political situation in France is also getting worse with mass protests against vaccine passport.
CAC40. Shortprice chart with gaps almost every day is typical for very thinly-traded securities and should be avoided. Prices often gap up or down at market open, but the gap does not last until the market closes. Such temporary intraday gaps should not be considered as having any more significance than normal market volatility.
Tp 5620
Sl 5730
ridethepig | CAC Market Commentary 2020.11.25📌 ridethepig | CAC Market Commentary 2020.11.25
The stem for the ending of a retrace and intentions of a turn...
Breaking down ahead of US elections was strategically important.
This was not a typical personality vote, the motives of Democrats are rather exclusively known and transferring the power here will indeed be revolutionary. Neither side can accept the loss, whether we see this end up in the courts or whether we see Biden with the 'hospital pass'... it is irrelevant for the sake of this conversation because in general sense of the term and it is weighing on global equities including DAX, CAC, FTSE, IBEX, FTSEMIB and etc. Eyes on the highs today, a move down from these levels opens up all sorts of problems for buyers.
Thanks as usual for keeping the feedback coming 👍 or 👎
ridethepig | CAC40📌 A short update on French Equities that are also full of dramatic events.
The nature of the down cycle came after the infamous leg we played to the topside and began profit taking. How to spot an early discovery of the flows?
The diagram clarifies the relationship between the ending of wave 5 and the beginning of the initial 'A' leg with Covid. This change we played with more weight together in DAX which was pinned at the highs. Here is the brief reminder in DAX:
Since we know we are in-between an ABC corrective leg the little inner flows can be played however we want because we know we are protected from the powerful macro direction.
Targets: 4,200 and 3,600 before anything else is resolved to the topside would be very useful for trading the next cycle up in 2021/2022.
Thanks as usual for keeping the feedback coming 👍 or 👎