Joe Gun2Head Trade - CAC at major support on the dailyTrade Idea: Buying CAC
Reasoning: CAC at major support on the daily
Entry Level: 5816
Take Profit Level: 6022
Stop Loss: 5725
Risk/Reward: 2.25:1
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.
Indices Europe
CAC 40 HELLO GUYS THIS MY IDEA 💡ABOUT CAC40 is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
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.
Re-testing Time? 12th Sep 2022🖼 Daily Technical Picture 📈
➤ Equity markets continued to bounce and bounce hard from the support level. It is looking very orderly, VIX is dipping in concert. It is seeking to re-test the 4200 level once again.
➤ It is unclear to me if prices will take a detour prior to the re-test in terms of a short-term reversal or the Bears are happy to wait to apply pressure only at the key resistance level.
➤ I halved my DAX and EUSTX50 positions. My overall exposure is +40%. This is a low conviction level. The maximum exposure is +/- 200%, the level of highest conviction.
➤ Conclusion: Bulls in control. Re-test imminent. Will the Bears re-assert themselves and break the confidence of the Bulls?
CAC40 will turn around hereBetting that CAC40 will turn around here after a long upturn. Mainly based on RSI and MACD
FR40 27th JUNE 2022Faced with challenges such as increasing material and energy costs, industrial companies in Europe continue to struggle with restricted revenues and operational challenges.
Market sentiment shifted to a more negative setting amid fears over surging inflation and slowing economic growth.
Buy and hold RNO (CAC 40)History seems to be repeated (on monthly time-frame): RNO has been consolidated (again) in a big triangle after bearish rally since the end of 2018.
This price action was seen in 2009-2012 after a big fall linked to the automative crisis in 2007-2008.
In my opinion, it's time to accumulate RNO (around 21-23 euros) and hold for 3-4 years. Expected benefit is 200%-300% in 2025-2026.
Scenarios for CAC 40 (Euronext)CAC40 has been ranging between 2500-7000 points since more than 20 years.
We can see the impact of previous big crises on its evolution and prevented it to go break the 7000 threshold.
I think that CAC40 is now at a turning point. Does it continue to go up to test 7000 again or fall down?
It is quite difficult to have a long-term prediction, specially in this context where the economical/geopolitical instabilities dominate.
In my opinion, CAC40 still have good chance to reach 7000 point again in short-term. As what happened in the past, CAC40 followed two ascending trendlines and broke down at the sixth time retesting these trendlines. We can see the pattern are being repeated and CAC40 touched the trendline 4 times. The next (5th) retest will predict a new price structure.
For mid & long terms, three scenarios (A, B, C) would happens (see the below snapshot).
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.
FR40 27th APRIL 2022Emmanuel Macron was reelected for the second term on April 24th. The program he presented in mid-March argued that the retirement age would be raised to 65 and that the minimum solidarity income would be increased according to working hours.
In the coming weeks, the stability program will need to be sent to Brussels, and the budget trajectory for the next few years will be clear.
FR40 27th APRIL 2022
FR40 27th APRIL 2022FR40 Index/CAC is a benchmark French stock market index. It tracks the performance of 40 companies selected among the top 100 market capitalization and the most active listed equities traded on the NYSE Euronext Paris.
French President-elect Emmanuel Macron has done something no other French president has achieved before. Namely winning re-election while still leading his own government. His victory over Marine Le Pen may have been convincing, but he had a problem. There are new elections near the French National Assembly and most voters do not like them. This will make the French stock index fluctuate. FR40 decreased 738 points or 10.32% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks this benchmark index from France.
FR40 CAC40:FUNDAMENTAL NEWS+TECHNICAL VIEW | LONG 🔔France: Growth Slows as Repercussions of Russia-Ukraine Conflict Darken Inflation and Fiscal Outlooks
Rising spending in dealing with economic and geopolitical repercussions of Russia’s further incursion in the Ukraine additionally weigh on France’s already weakened fiscal outlook as recovery slows, exacerbating long-run credit challenges.
Our baseline economic forecast of France is for modest recovery with real growth of 3.6% for 2022 before 2.1% in 2023 (-0.3pps), as growth slows across the euro area.
Under a more stressed economic scenario, with higher and more long-lasting price pressures, output growth slows more significantly. However, we assume the energy price shock proves temporary, given futures of oil and gas prices indicating a downward price trend over a next 12 months.
One of the main knock-on effects is pressure on government to mitigate inflation and raise defence expenditure
One of the main adverse knock-on effects of Russia’s further invasion of the Ukraine for France is pressure the government at this stage faces in mitigating impact of rising inflation as well as to raise defence spending – just as, moreover, recovery from the Covid-19 crisis and associated revenue growth have started slowing.
The resulting excess deficit puts pressure on French public finances, which have already deteriorated under the context of the Covid-19 crisis, leaving the country with limited room to raise spending further. French general government debt reached around 115% of GDP in 2021, up from 98% of GDP in 2019.
On 16 March, the government announced a fresh package of measures aimed at provision of relief for households and firms hit by rising energy and other prices, including a discount of 15-euro cents a litre on petrol between April and July, energy-price related subsidies for firms and the strengthening of state-backed corporate liquidity facilities.
Including previously introduced budgetary support since last September, these measures amount to an aggregate cost of EUR 25bn (circa 1% of GDP). The government has as well started discussion around an increase of civil service salaries in response to rising costs.
France does have the advantage, as compared with Germany especially, of comparatively low reliance on oil and gas imports, given Electricité de France’s large park of nuclear power stations, helping ultimately contain France’s rate of inflation as compared with that of the rest of the euro area and expected to cap additional government compensation paid to households and businesses.
MC (LVMH) in a decisive situationThe long term consensus for EURONEXT:MC is still bullish . In this bullish context , it has formed a flag pattern on the daily chart which is a continuation pattern looking to be confirmed by a breakout . If this pattern is confirmed by a significant breakout and a close above the upper line , then the price would have a high probability to continue upwards toward the (847-852) area .
If price fails to break above the upper line and breaks below the lower line , then we could wait for price to return and find support on the 598-602 area , and look for a potential buy opportunity depending on the market conditions .
If price fails to find support on the 598-602 area ,the. we could expect a return to around the 558-562 area , and look for a potential buy opportunity depending on the market conditions.
Stay tuned for any upcoming updates .
Requests,Suggestions and Remarks are all welcomed .