French Index to rally 8% in wave iii The CAC40 has begun its up journey in what is being labeled currently as wave iii of WAVE 3.
This particular sub-dividing leg is projected moving towards EUR8100-8150 zone.
The final projected target zone for the bigger wave 3 however comes in at a much higher level of EUR 8750.
Globalindices
3K T/P Nasdaq Short IdeaNasdaq Index
- Price been trending downward since the end of December 2021 and forming a channel chart pattern.
- Obviously more downside rather than upside potential ranging from 3K-3.9K in points. Downtrend is starting to weaken according to moving averages and and vortex sub chart indicator.
- Colored arrows represents 3 scenarios that could play out if price continue to trade within and/or breakout.