FRA40 trade ideas
CAC 40 has built a ramp to go higher
Now turn your attention to France and Italy
The CAC 40 and the FTSE/mib are ready for a new leg up.
And be sure that no one is expecting this a few days before the End of 2016
CAC going sideways, compressing for an impulseCAC going sideways, compressing for an impulse i expect will be up.
CACHello My friends!
French index CAC
Just Little fundamental analis:)
Oland dont meet with Putin.
France dont make money on Mistral deal and Poland asked Ollande "not hysteria" because of the failure to buy
helicopters from France.
Just disappointment.
But in technical analysis need go up until lvel 78.6 and after fall
I think market will start fall in December - January.
Perfect bearish Gartley on french CAC40If prices start to drop from 4780 level, a (perfect) bearish Gartley harmonic pattern can be validated.
A long term resistance would be validated too, and a medium term resistance (the fork).
First, prices could drop to the 4600 horizontal support, then rebound, and retest the resistance, before falling sharply to a long term support (2010-2016).
Ultimate target is 3500-3600
Watch the CAC 40 for a new bull market
France presidency: Francois Hollande decides not to run again
Things in Europe changing very fast, obviously: By Monday is a crash expected to come - wich might not occur because to much investors betting on this crash to come.
Only few Minutes ago Francoise Hollande said, that he will not run for a second France Presidency.
Politics is still an issue in Europe and for the CAC 40 ist this a sign of hope that conditions for the French Ecconomy are getting better after the Election in May 2017. The CAC-40 might jump of this major resist to complete a double bottom reversal pattern in the next couple of trading days.
CAC 40 Head and sholdersCAC 40 nice Head and sholders forming and in a corrective environment.
If we connect Wave1 with Wave 4 ,notice the black neckline.
The 1st Q of 2017 could see lvls between 4815 and 5062,after that CAC should drop back to the
neckline and lower.
France is in big trouble!Big short potencial in France. Political trouble will deepening hand in hand. More potencial there is in weekly and monthly timeframe.
France CAC40 - Sep'16Equities across the board coming off today... with S&P dipping below 2100.
Anticipating a break below 4420, which would put it in buy territory.
CAC should continue up passed the trendline during next yearCAC should continue up passed the trendline during next year
