CAC40 dans le douteSuite à la cassure du pont pivot, l'indice pourrait atteindre le 1er niveau de target 5031.405 et meme le 5380.300. et ainsi reprendre la tendance haussière sur son support actuel qui est sa trend line.
CAC40 trade ideas
CAC40 Potential recoveryDisclaimer: This is not a trading advice.
The 0.382 level has been challenged many times already, it acts as a strong resistance, the support has also been challenged many times since the beginning of the rebound.
Those two make a great ascending triangle.
The PUTS / CALLS ratio shows that the market is still bullish. Even though buying puts for the sole of buying puts is forbidden the ratio keeps decreasing => more calls & less hedging
The ban on short positions has been extended until 18 may.
The exponential moving average 18 & 9 will cross on monday (EMA 9 > EMA 18).
S&P500 is on a bull run and has done a V-shaped recovery for now so investors might FOMO on European stocks which could do the same.
Also institutions want to restart the economy as soon as possible.
If we successfully break the triangle I wouldn't be surprised of seeing the price above 0.5 Fibo level - 4800.
FRANCE40 Long 80%Hi Trader;
Indices France40 Long 80% probability to hit target on profit.
- Target 4829
- Stop Loss 4228
Daniel Martin
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CAC40 In a good position, but not the best YETAs we can see, we are waiting for the retest in the tendence for the most risky ones, if you want the best operation, we need to wait the broke of the offert zone to enter in the operation with a really low risk!
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it's time to buy CAC40After the break of resistance, the probability to see CAC40 in 4800 is very high
if cac40 breaks 0.382 or 0.236 strongly the target will be the nif cac40 breaks 0.382 or 0.236 strongly the target will be the next level
CAC FRA40 Ready for little Short and Big Impulse Watch Closely Possible ABC Correction For CAC FRA 40
NOT the Moment for the Bounty of CAC40 Since we didn't cogently reach the 4544.8 level (which correspond to 38.20% of Fibo 1), we cannot estimate to gain the next level, at 5026.9. This retracement was applied on the down trend starting from 24 Feb 2020.
After that, I applied Fibo Retr once again on the up trend starting from the 19 Mars 2020, to its actual highest level 20 April.
If CAC40 breaks down the level 4339.9 (23.60% level of the 2nd Fibo Retr), it's highly estimated that he will search down for 4219.1 level.
Inspired by the analysis of one of my professors.
FRA40 Impulse. Correction. Impulse (SELL)Having been aware that the overall trend here is bearish, we are also careful as to closely watch price action for any development. But based on the lower timeframe structure(1-Hour), there seems to be a bearish continuation pattern(flag). Hopefully, it breaks out. Let's see.
CAC40 GOING DOWN**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
