Something fishy: in terms of Elliott Waves, we should be buying In fact, if we are indeed in the longest bull market in history, then we may be only starting to create wave 5 if what I consider to be wave 3 is in fact ... wave 3. This is puzzling me, a lot.by UnknownUnicorn569872Updated 4
SHORT: Monthly 50-EMA hit, among other thingsThere are a lots of alignments. I believe it is time to go short deeply for aggressive traders by going against the bullish "wave analysts" advocates. There is clearly an hierarchy here. People are starting to be bullish post "low vol" breakout. Don't go long the climax. Study what happened in previous decades before stock market crashes.Shortby UnknownUnicorn5698722
SHORT: Pullback to the weekly 200-EMA among other thingsThe CAC40 pulled back to the breakout level, completed different patterns and reached their targets. I know that some people studying waves believe we could still go up, but I think there should be quite a good sell-off during the next week. I could indeed be wrong, so we shall see. I've noticed that a few rarer or uncommon patterns appeared. Need to study hard on those. Elliott Waves are also more important than one may think. Shortby UnknownUnicorn5698722
CAC 40 - 240 - Making a moveTrade Alert This is a short-term idea. Given that CAC 40 finally moved above the 4900 barrier and also above the 200 EMA, this may continue pushing a bit higher. For now, we will see this as short-term idea, where we will target the downside resistance line, which is running from the high of the 17th of October last year. We will also keep a tight stop-loss, in case this reverses heavily against us. That said, let's not forget that the index still remains above its short-term upside support line, drawn from the low of December 2018. Please see the chart for details. Don't forget your stop-loss.Longby JFD_Research1
A different outlook for French Equities....2019 prediction=> Here we have a different view for French Equities as those who are following our telegram will already know. The case can be made that we are in a very large IVth wave of the V wave pattern since post 2008 crisis. => From a technical perspective this looks like a very large correction and should not continue its decline further than 38.2% (4525.x) => Anything below here will start to show serious cracks in the uptrend and will suggest the top for French Equities (not expected) may already be set in stone. => Here for 2019 we will add exposure to the upside on the test of 4525 with tight stops at 4165. => Best of luck all those in French and other European EquitiesLongby ridethepigUpdated 1117
SELL AND POEP 4848.9 TP 4780 , 4730 SL 4890 ALTERNATIVE BS EP 4930 TP 5035 SL 4890Shortby invilisible0
FRA40 approaching resistance, potential drop! FRA40 is approaching our first resistance at 4920 (horizontal overlap resistance, 161.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 4740 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our first resistance and we might see a corresponding drop in price. Shortby FlowState47
High probability short at 4907Lots of reasons. But the markets could also be short-sold right away. However 4907 is extremely "attractive" so far.Shortby UnknownUnicorn5698720
Complicated wave speculative test (unknown territory)I am quite new to those kinds of wave analysis tests. There's been a lot of talks about Wolfe Waves recently. I am seeking for alternatives. I know the chart is not clean, even very messy. But I traced the fibs for reference only, as I want to keep track of what would happen next. If anyone spots anything that could help, do not hesitate to share! I know that some people who are using Elliott Waves believe indices could still grind up. But I am currently going against it, based on other information. We shall see how it pans out.Shortby UnknownUnicorn5698722
The French Stock Index CAC40 Trend Still UpThe CAC40 looks like a nice setup with the bias still supportive to the upside. However, the price will need to get above yesterday's session high which is just above the Monthly Pivot high. Go long if the price breaks above 4852 and place a stop loss at 4673. The profit target is at 5108 for a good risk reward trade.Longby chris333Updated 4
FR40EUR SELL (FRANCE 40 - EURO)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell. by thunderpipsUpdated 4
champions league of .... crash ^^it was difficult to foresee a possible forex reaction on world cup result, unless the winner were the sole user of its currency (case of brazilian real), but regarding the stock market, the french CAC40 having no positive reaction at all to this means only one thing: big players exactly know where it is going to go and have already loaded their bazookas. in one word, big collapse very soon (matter of days only) for the CAC40 and everything else ...Shortby lapin_eliottUpdated 4
Aiming for another wave downI think there's a possibility for another wave down to complete the C Going short, based on: Elliot structureShortby pordenUpdated 113
SHORT: Multiple targets possible, but I expect one at 4429 firstVolume is also decreasing, the rally was probably mostly due to shorts covering and a big technical bounce (retracement + monthly diagonal support). We shall see.Shortby UnknownUnicorn5698722
Potentially a big short opportunity in combination with the US We shall see. We reached overextended levels in Europe and 50% retracement in the US.Shortby UnknownUnicorn5698721
Cac breaking down from the crown formationCac has broken down from the crown formation back in the October, but the 4900 level were holding up as support. However, things finally started to crack and the prices are breaking down from that level. I think it is inevitable that the Cac is going to challenge the 4600 consolidation area. That range contains a good half year of price action, which should provide strong support. But ultimately, i am looking at the 200% extension of that crown formation. Shortby chenb1981Updated 1
Failure to trade back above 4900The bulls have failed to take back 4900, and the sellers are unrelenting. The market is too weak to break the pattern of lower highs. After the lower high being formed on last Thursday, it is merely a matter of time to see a lower low to print. The Monday's trading is crucial in shaping up the last week of trading by setting up an opening range. If the opening range is tight, then a break out later in that week is likely. Shortby chenb1981Updated 0
Short 4739-4760 (CAC40): Highly speculative potential path TestingShortby UnknownUnicorn569872Updated 111
Potential sell-off by the US until 4579-4583 if no up momentum We shall see.Shortby UnknownUnicorn569872Updated 1
Potentially a good long at 4630-4640 until invalidationLet's see if that bear market in some US markets are that strong.Longby UnknownUnicorn569872Updated 3