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Cac40prediction

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
What is the next target of #CAC 40 ?The trend of the CAC 40 in recent years is an uptrend. in October 2011 the Cac has undergone a technical correction of 1200 points and then very quickly he returned to his upward trend, in October 2015 after a long rise the Cac has made technical correction of 1000 points pretty much like the first time and quickly took it back bullish trend, in October 2017 the Cac has made a technical correction of 800 points and at the moment it is in progress and normally should be redone as the last two completed times a rise is exceeded the last record price. The Cac will seek a goal to reach and the point of the Double Top (6100) in 14% of the current price is probably possible Buy Cac 40: Entry Price: 5290 Take Profit: 6100 Stop Loss:5000
TVC:CAC40Long
by xosignals
RSI bearish divergence+ overbought Short at 5382have a nice Bearish divergence in H1 overbought much in h4,daily,weekly Many Gap have not been filled too the us stock is much overbought so i think they will correct also and so will make the ger30 and fra40 follow them move. and the eurusd will cetainly make a small puback who ill weigh on the ger30 who i repeat is linked with fra40 not at 100% this last week but usually around 95% positive correlation i enter at 5382 we can see he block since 3-4 candle h1 to pass it so it should return back first/ i open 2 position same as all time 1 will be cut at target 1 and second in trailing stop for the Stop loSS i let you manage it lie is not a big trade cannot do a good ration if put SL so me i will put it around 5435 and the RR will be 1/2
TVC:CAC40Short
by corsicasia
CAC-40 jumps to 12-week high, bias higherEuropean bank stocks cheered the prospect of higher Fed interest rates which should help their profits thereby pulling general indices higher. Frances CAC-40 index jumped to a 12-week high of 5294, bias higher. Better-than-expected economic data which included flash Euro-zone PMI prints for September also lent support. Technical studies support further gains. We see bullish divergence. The index has shown channel breakout and has breached 100-DMA resistance. Price action now hovering around 61.8% Fibos at 5293, next bull target 5323 ahead of 5339 and then 5374. Go long on break above 5293, SL: 5259, TP: 5323/ 5339/ 5374
FX:FRA40Long
by FxWirePro