CAC40 has officially become bearish, I think that was pretty obvious two or three days ago. We've got a bearish divergence on the 1-day timeframe, not to mention the fact stoch and rsi is both topped out completely on 1 week and 1 month timeframe, I believe we could be seeing lows of 6300 points. Due to the FED moving towards tapering it's possible there could...
CAC has had an interesting day so far, so from what has happened we can see that not only has it began it's downward momentum we can also see 3 bearish divergences on the RSI of which two on 30 minutes & one on 1 day. On Friday we got the evening star candle which signals a reversal, we've also got a H&S confirmation on the 4 hour timeframe which signals a...