FR40 trade ideas
CAC40 - Un rebond de courte durée ?Une sortie nette à donc eu lieu juste avant la clôture des marchés..
Nous pouvons faire une pause à ce niveau, mais nous pourront rapidement aller visiter les 4570.. avant une potentiel rechute..
Les stops doivent être remontés pour assurer des gains au cas où nous revenons vers 4100..
CAC40 - Inversion de la tendance ? - NeutreLe CAC invalide t-il le drapeau baissier qu'il a construit ?
Je passe neutre mais tant que le drapeau n'est pas invalidé, la tendance générale depuis février reste baissière.
Je serais acheteur lorsqu'il franchira nettement la zone rouge.. Nous sommes en mode "espoir" ici. Peux-être en phase d'accumulation..
RSI Divergence CACPersonally do not believe in this. But there is a Divergence forming here.
Strong downtrend still exists too.....
cac40 : wait main break out to long cac40 : wait main break out to long , resistance line was very easy line to short
SHORT CAC40, Covid-19 outbreak will be harder than 2008 !Covid-19 outbreak will harder than 2008 subprimes crisis. Get ready for the fall !
Already 30% of my equity with x10 leverage SHORT. TP @3100.
Have fun guys !
Still short We might rebound toward 4200 but the trend is still bearish and this monthly candle is scary... technically a bear market have 3 phases: we are only on the first phase where we assist of a fast decline on prices the second phase is like a bounce to retrace a little from the decline then the last phase where price continue their decline but slowly
For me my targets are 3500 then 2700 for the CAC 40
4200 is a great price for shorting or even now if you can take the the rebound my next target is 3500 then 2700
Weekly canal break We broke a weekly canal started in 2011 !!! and we managed to close just above a support at 4619 when we will break it then ....
short now and try target 4012 this scenario is invalid if close above 5050
CAC 40 Index - heading towards 2012 lowEurope Markets entering strong bearish momentum.
France is at the beginning of the COVID-19 Pandemic, number of infected people expect to grow exponentially in the upcoming weeks.
France, Spain, Germany following Italy's state of emergency.
We expect now a lower low of the CAC 40 Index.
At the correction move to 4600, we can start shorting the Index with the price target of 2012's low at 2800.
Europe will enter in recession if serious state economic measures are not taken.
"Two of the EU's biggest states, France and Spain, have followed Italy in announcing emergency restrictions to combat the spread of coronavirus. France, a country of 63.5 million, ordered the closure of all non-essential places used by the public from midnight (23:00 GMT)." 15 March - bbc.com
Let me know your view in the comments down below!
CAC40 could drop by 40-50% moreFigure on the chart speaks for itself, either short sell now with a big stop loss (close to the red lines) or wait till the price reaches the green lines and do a full BUY then ;)
Pay attention to the middle line, the price could react a lot from there (increased volatility).
Good luck!
CAC 40 At Crucial Support CAC40 opened With massive Gapdown trapping all the bulls at higher level
This must have forced the small leveraged Trader to exit Their Position at the lower rates forcing the index downwards.
Index can Face Heavy Selling Pressure from tops
All the trapped brave Traders who didn't exit their position in today's fall will be waiting for their prices on the higher side.
So Sell on rise pattern could be seen in this index
CAC40 Is currently trading Below its 100 EMA at crucial Support Level of previous swing low.
Fresh Sell Off Can be Seen Below The swing low till 5720 Levels which is 200 EMA and 4th Decembers Low.
