CAC 40 IndexShort
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
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
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.