Get started

Cac40prediction

CAC 40 Drops Hard! Fed's New Tone Sparks Sharp DeclineCAC 40 (French Index) on a 1-hour timeframe initiated a short trade using the Risological Trading Indicator. The sharp decline aligns with fundamental market dynamics influenced by the Federal Reserve's policy stance. Trade Highlights: Entry : Short position initiated based on bearish sentiment. Current Trend: Sharp downward movement observed. Reasons for Decline: At 8:15 AM, the December futures contract for the CAC 40 fell 110.5 points, settling at 7277.5 points, indicating a 1%+ decline at the open. The Federal Reserve cut its key interest rates for the third time this year, reducing them to a range of 4.25% to 4.50%. Fed Chair Jerome Powell signaled a "new phase" of monetary policy, characterized by a slower pace of rate cuts, contrary to market expectations. Updated projections show only two rate cuts next year, compared to the four previously anticipated by investors, fueling bearish momentum.
TVC:CAC40Short
by ProfitsNinja
1
Hermes Intl. Lets Try The Screwdriver NowHermès International S.A. is a French luxury design house established on 15 June 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Since the 1950s, its logo has been a depiction of a ducal horse-drawn carriage. Technical graph for Hermes stocks (US Dollars - denominated) indicates they turned to extra hot levels earlier this year, somewhere in mid-February 2024. Due to common uncertainty the bubble is going to be finally screwed.
EURONEXT:RMSShort
by Pandorra
1
short #fra40 around 7550 with minimum 200 pts target at 7350i wont say much stuff,but what i will say ,its full fundamental and what happens in the country #cac40 (fra40 outperform many index,if its not all) while in France all gone bad since many weeks Big protest and it is not finish.. next data will surely be down as protest had block few sector the President public opinion had never been so low u can go on twitter every day in the best trend have aty least 2 tag for him and all are bad. so i dunno but many gap still open far down and at anytime i big drama protest can happens too but technically have so much gap to fill
TVC:CAC40Short
by corsicasia
4
CAC40 to break above Falling Wedge?Falling Flag (Wedge) has formed on CAC40 since April 2023. We have had the price come down each time but make a higher low and fail to break below 7,056. It might be premature but, it looks like the momentum is pointing up (along with many other alternative indices). I'll be happy to go long when the price breaks above. But now it's a waiting game. 7>21>200 RSI>50 Target 1 will be at 7,857 ABOUT THE INDEX Name: The CAC 40 is an abbreviation of "Cotation Assistée en Continu", which translates to "continuous assisted trading", and the number 40 refers to the number of companies represented in the index. Establishment: The CAC 40 was established on 31 December 1987, with a base value of 1,000 points. Representative of French Market: The CAC 40 is the benchmark stock market index in France, which reflects the performance of the 40 largest publicly traded companies listed on the Euronext Paris. Diverse Sectors: The index includes a diverse range of sectors, such as manufacturing, banking, pharmaceuticals, media, utilities, luxury goods, etc.
INDEX:CAC40Long
by Timonrosso
CAC40 Bearish (Downtrend)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 be a tantrum within the market causing major indicies to crash. 4-hour timeframe H&S completed 30-minute timeframe bearish divergence Descending Channel on countless timeframes (lower) We're seeing most timeframes oversold though which is quite worrying, however, they seem to be building up due to it just hovering around so we'll see how the market plays out.
FShort
by mithianme
ridethepig | CAC Market Commentary 2020.11.25📌 ridethepig | CAC Market Commentary 2020.11.25 The stem for the ending of a retrace and intentions of a turn... Breaking down ahead of US elections was strategically important. This was not a typical personality vote, the motives of Democrats are rather exclusively known and transferring the power here will indeed be revolutionary. Neither side can accept the loss, whether we see this end up in the courts or whether we see Biden with the 'hospital pass'... it is irrelevant for the sake of this conversation because in general sense of the term and it is weighing on global equities including DAX, CAC, FTSE, IBEX, FTSEMIB and etc. Eyes on the highs today, a move down from these levels opens up all sorts of problems for buyers. Thanks as usual for keeping the feedback coming 👍 or 👎
TVC:CAC40Short
by ridethepig
1
Channel broken a bit early, but could indicate bear marketMy call on CAC40 is changed from long to neutral now that global markets are increasing their fear on a global slowdown. This is evident in markets around the world as Asian markets plunged today as did European. US is set to be down as well. Overall, the channel break is incredibly disheartening for those expecting higher gains as it was a huge move down (3 percent). If you were not in this trade closer to the bottom, you may have missed your chance. If you didn't sell before this dip then you may have made some money. For those shorter-term traders, you may have already missed the train. We could get back in this channel tomorrow, but that seems unlikely. I'm actually more neutral to short than neutral, but Trading View only gives us three options so I prefer not a drastic shift from long to short. Let's see what happens over the next few days.
TVC:CAC40
by WhiskeyTangoFoxtrot3