CAC 40: TRADING IN A RANGE?After a big drop CAC 40 seems trading in a range. If this is the general idea now the price is reaching the top of this range. If the upper channel holds look for possible shorting opportunities.Shortby cantestogoPublished 1
$CAC40 Under Geo's Bearish Pressure | #fibonacci #euro $EUR $GBPFriends, Following is a composite technical analytic view of $CAC40, in which all aspects of technical tools are displayed as shown in the following chart - We will dissect each of there thereafter: Looking in detail at each of the following components, let's consider the following items: 1 - PREDICTIVE/FORECASTING MODEL: As a foreground, stand-alone proprietary element, the "Model" is defining the following BEARISH targets: 1 - TG-Lo = 3759.18 - 12 AUG 2015 and 2 - TG-Lox = 3384.19 - 12 AUG 2015 GEO'S OFF-SET RULE: The Geo relies on adverse excursions to establish high-probability targets, such that the following expresses the "Geos' Off-Set Rule": 1 - Price retracing from Point-5 aims for validation along the 1-4 Line (Wolfe Wave rule); 2 - Price retracing from Point-5' (most common occurrence) aims for price level corresponding to Point-4; and 3 - Price retracing from Point-5'' (least common occurrence) aims for a price level corresponding to Point-3. In the case of the current chart, price retraces from Point-5', thus aiming for a HIGH-PROBABILITY target corresponding to Point-4, which in terms of the Predictive/Forecasting Model corresponds to: - TG-Lo = 3759.18 - 12 AUG 2015 In the most immediate support, consider the following cluster: 1 - 1.618-FE = 4180.54 and 2 - Nodal Core = 4193.88 ("ND") and 3 - Point-1 of Geo, offering a structural point of repose as price retraces from Point-2 and Point-5'. Where 1.618-FE = ND As shown in the dashed arrow in the chart, this structural level is likely to see a slight retracement capped at the support-turned-resistance of 4601.90. STRUCTURAL ANALYSIS: Levels 1, 2 and 3 on the left side of the price field represent structural levels, such that: 1 - Number-1 represents that level of Geo's Point-1, offering the most immediate structural support from retracement of swing between Geo's Point-2 and Point-5'. 2 - Number-2 Offers a temporizing support which defined a channel capped above by #1 as defined above and #3, which offered the first and subsequent R/S levels as shown - This levels happens to line up with Model's TG-Lo = 3759.18 - 12 AUG 2015 level. 3 - Number, as explained above, also happens to line up with Model's TG-Lox = 3384.19 - 12 AUG 2015 level. OVERALL: Bears are taking over. Invalidation would occur if and once price rallied above Point-5', or 5283.71. Still, the Model remains the dominant indicator at this point, tilting the balance in favor of bears with targets defined above and further supported by technicals as mentioned above as well. Best, David Alcindor Predictive Analysis & Forecasting Durango, Colorado - USA ----- Twitter: @4xForecaster LinkedIn: David Alcindor ----- .Shortby 4xForecasterUpdated 1120
Consolidation: Should drop a little then resume trendConsolidation: Should drop a little then resume trend, possibly: touch the bottom band bottom trendline before resuming trendLongby pereira.alexPublished 1
This is also our pain and these are also our tears...But you can't make us afraid!by darth.stocksPublished 1
FRA40 "SHORT to 4060"FRA40 "SHORT to 4060" Pattern "AB=CD" building in H1 next stop is 4060. Hi Guys, Please click the Button Following me. And please looking my new Website mchart.jimdo.comShortby MCHARTPublished 2
CAC40 Head&Shoulder target on the way 3933 we get a beautiful Head &Shoulder formation from previous week as usual trading system for H&S we could get 3933 as a tg Shortby sharktradeUpdated 113
CAC 40 tis week starts down tendence then long tis week starts down tendence then long Shortby manuel.a.bermudez.378Published 0
CAC40 starting to look heavyJust for following. Potentially short. Three month MA (BLUE) starting to point downwards.by etsimastuottoaPublished 5