CAC40 on a key resistanceCAC40 is fighting with a the key resistance of the 5500 this ressitance was tested 3 times over the last 2 years but never broken. Probability of a bearish reversal is 60%. Wait for a RSI divergence to confirm the downtrend.
Indices Europe
CAC Sell IdeaCAC Sell Idea @Weekly Supply Zone (5458.79 - 5569.93)
Sell Limit: 5458.79
Stop Loss: 5571.93
Take Profit: 5200.00
CAC40 faces a strong resistance at 5540CAC 40 failed to break above 5540 as it is a clearly prevailing resistance Level.
Trade Setup could be established by selling the index here at 5504
TP1 5430 TP2 5365 SL 5580
CAC40 BUYBullish on equities correction should end soon. If not here we will look for entry levels lower. RSI oversold with divergence.
Perfect bearish Gartley on French CAC40The chart is the CAC40 with dividends + the futures market prices (8am-22pm sessions). It's like the DAX futures.
We have a perfect bearish Gartley, with a sell signal today at the 78% Fibonacci level.
On the CAC40 index, the lower target (TP3) would be 4840 points.
Positive expectations in European markets #Ibex35 Spanish indexBME:IBC FX:ESP35 TVC:IBEX35
After the worries of Wall Street subside, the technical analysis tells us that we have entered an area far from the minimum of the year and waiting to rise slowly as it goes overcoming resistances.
1) Above the downtrend line (yellow), still remains 4 interesting resistances: 50 EMA, 100 EMA, 38.2% fibonacci (9826) and the week's maximun (9806)
2) American futures indices $SPX $YM $NQ DJ:DJUS broke out thru the falling triangle today but still waiting to see the close. European markets are affected by American futures positive & negative about #TradeWar, #ColdWar, #Tariff
3) Volatility is low now but you know what happenned with bad news #Trump #Tariffs #TradeWar #ColdWar
Excellent opportunity to consider these markets also:
XETR:DAX INDEX:CAC INDEX:MOY0 FY1! SX5E
Careful to be too optimistic there are doubts about issues: Trump, geopolitical risk, Syria, Russia, Cold War.
Big picture:
CAC40 SHORT!Have we got a possible short here guys?!
Prices could possibly travel all the way down to lows of 5080.0 . I'm waiting for this break and literally stalking our key level at 5240.0 . If of course, prices break to the upside of 5320.0 you could expect prices to wipe out our prior high at 5360.0 and potentially head higher, possibly towards the 5460.0 Region.
TP: 5080.00
SHORT ON CAC40!I believe that we've got ourselves a nice juicy short on the table here guys.
I'm anticipating a bearish pull down to lows of 5120.0 and also 4920.0.
Let's see how this turns out!
Of course I'll be updating any moves on this trade!
Stay Tuned!
TP: 5120.0/4920.0
CAC40 - Long (not professional trader)
This is my idea, i'm not a professional
On the PX1 graph
Sorry if my english is not good, i'm french
FALL OF THE INDICES: NASDAQ WILL SUFFER TOO.. TP'S IN CHART>O YES THE FEAR IS HERE.. exciting times for traders worldwide.. To be continued....
CAC shooort! sHs patternINDEX:CAC
Not much to say, but its time for a light short, with a tight stop. And wait for the goodbye kiss so we can resell, and another short when the sHs limit breakout.
Waiting a price rebound...Price is on the trend line and a pivot point, we will waiting for a price rebound before take a call.
High & tight flag prediction for CAC 40We should be hitting red area as TP.
This is just an idea, not an investment recommendation.
French CAC40 (Reinv. Dividends, USD) tops its channelThis the CAC40 index, reinvested dividends and in USD currency (not euro).
if it doesnt breakout and reverse, it could retrace 50% fibo (the green line)
Potential Reversal upon Closing Above EMA(5)I can see a potential Long setup for EUSTX50 index. Couple of things that I observed:
1. Price is currently retesting EMA(200) and this is also a resistance-turned-support zone (back in April 2017).
2. A divergence observed between the chart and RSI(14), as chart is making lower low, whereas RSI(14) is making higher low.
If price can close around 3530 (which I roughly calculate should be when it close above EMA(50)), then I may open a Long position. Otherwise, no trade on this index.
A positive end to the year for the CAC40??After yesterdays negative day for the #CAC40, a bullish triangle pattern, also coinciding with Fibonacci support & resistance zones building out??
CAC40 Bull PowerTrading method: RS ADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years. In this situation we are now waiting for Awesome Osci to go into positive territory for trade entry confirmation to resume this bullish bias. Market execution for entry, confirmation will be required for entry.
Risk Description: low risk trend continuation setup to continue this bullish movement.
Profit expectations: 18 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
