This is my primary scenario for now. I am flexible: if any strong and not-tricky invalidation is shown, then I might change my opinion. This is also the rationale: The smart money want to short big time, but retail traders are either shorting massively or seing a double bottom. When it's undecided, the big guns would short artificially to reach their targets and...
4991-4994 would be ideal.
Shorting until 10853. Tight stop above 11194 (move quickly to breakeven and trailing afterwards, in a dynamic way if possible).
See previous charts for reference
The CAC40 could slide that way (see green circles and 50% Fibonacci levels for mean reversion purposes). You can also check out my previous posts for confirmation
Speculative targets and channel
Thin air above 5155? Low volume: short! Although analysts aim 5300
If we take 5155 down then yup the 5021 area could be the next target. If broken sharply, it's bearish (targets are on previous posts)
See other markets and previous posts for confirmation. My targets are the green circles.
See previous posts
Fibs and patterns
Fibonaccis are your friends
See my previous charts for confirmation (or not)
First big target: 5021.
The same pattern appeared with the CAC40 a few months ago, and just a few days ago with the Dow Jones. Let's see if this would be a magical huge short opportunity or not ...
Yes, it's difficult to time the markets, but this time ... ?
Compare with the previous post.