CAC40 my forecast December 2021All the markets unbelievable recovered since March 2020, I would say too fast.
The buble will burst but not yet. I believe we still have about two very bullish months ahead.
At the moment CAD40 is not ready to go much higher. I expect a pullback towards 50EMA or at least 20EMA. I’m waiting until it drops to 6920-6930.
Trade with your own analysis. I’m not a professional advisor
FRA40 trade ideas
CAC40, sellHow to use TP!
When the order price breaks down Tp1,
you wait for Tp2 and SL moves to Tp1,
so as to secure earnings.
So with Tp2 to Tp3.
When we publish the closing of a position, you close it.
When the order comes to SL, always
consult with us, do not close the order.
Follow your open positions!
CAC 40 best performing indiceI think the top 5 of US stocks that went up the most is made of Moderna (MRNA) and 4 energy companies including 3 Oil companies. The typical big tech stocks did not do that well. Google is up 70% in a straight line. AMZN & AAPL that broke new highs (notably in price and market cap) have not gone up compared to the rest.
The best indice is France CAC 40 which was undervalued (compared to the rest) and sleeping. As far as I know France has been in the top 6 exporters since forever and dropped out of that in 2020 only time will tell if they go back up. France followed the US example "Wow looks pretty cool to be in debt to the neck. We hate kids let's make them work hard in 50 years to pay for our lazy lifestyle today" as well as "Who cares what happens after I did my 2 (president, ministers) or 20 (congress) terms? This will get me lots of votes from ignorant zombies.". Now all I see France paying China with is heavy/advanced armament (planes...) and luxury which the chinese really love.
I don't know if these useless expensive products companies are expensive (do I look like a stock investor?) but the price keeps going up. CAC 40 is in a bull market and finally beat 2000 high. Up we go. Going up even more than the US pyramid scheme now. Maybe I'll just buy the indice on the next pullback.
Chubby ugly women want to feel pretty what can I say? Too blunt? Sorry. Too hard not to push chips and soda down a funnel placed in your month I guess. Capitalism/consumerism ❤️
I have no idea what I'm doing but unlike 2018-2019 where I got destroyed I think I now have a fair shot at making money with stocks. RNA companies in the long term look too good, with all the zombies mindlessly vaccinated I lose my words. Indeed how can so many be vaccinated and no one be hyped, or even give a rat's ass, about RNA? Like 1 billion people got injected at least once, often several times, and no one speaks about the tech, no one cares 🤦. Almost seems like cheating... Did somebody use cheat codes to make money? Well anyway there will be a pullback (significantly, multi year bear market) at some point, and years after this the zombie herd will suddenly understand what RNA is and the possibilities (because someone explained it to them - slowly - on television) and they will get VERY EXCITED ("we will erradicate all illness and live forever"). Trolls (Pomp) will shout "Pfizer can go to 1000/10,000" and the herd will FOMO.
Since I have no idea what I am doing I will OTP kinda. Going to stick to the S&P 500 indice + the french 4 stocks I mentionned. Read about those, study those... Over time surely I'll add a bit more. So I won't be so reliant on Forex doing something.
Tech stocks are not the future anymore. Now the future is (no surprise) energy production (it's always the future) and biotech. Energy production including EV batteries. And luxury will always sell (as long as people are full of cash, not broke).
L'Oreal is in a complete bubble so I'm not saying hold no matter what in your retirement account.
It's going completely vertical. It's basically Bitcoin. And the CAC 40 is only just starting a bull trend.
FRA40 Monthly OutlookFrance Stock Index Market Value is Bullish, having breaking the all time High the Bulls keep pushing price higher.
February 2020 when price reached the top of the Monthly uptrend it made an expansive decline to the bottom of the rising wedge where the Bulls came in with higher force.
For a Buying opportunity, the Monthly Demand and Breaker are key levels to enter a Positional trade.
CAC40 forecast 15-16 November 2021It's my prediction for next week.
RSI is currently 75.5, the market is oversold. I don't believe it has enough power to break 7100-7120 at this point.
We need a small pullback but I don't think it will go all the way to 6600. The buyers will step in around 6777-6834 - 50 and 38.2 Fib(low risk scenario - TP 6935 - 23.6 Fibonnacci)
I opened two sell positions - but please be aware I'm not a professional trader
FR40 Sell SetupHi Guys, FR40 is in a downtrend so looking for a sell setup seems like a good idea.
Thank you for your support.
CAC40, sellHow to use TP!
When the order price breaks down Tp1,
you wait for Tp2 and SL moves to Tp1,
so as to secure earnings.
So with Tp2 to Tp3.
When we publish the closing of a position, you close it.
When the order comes to SL, always
consult with us, do not close the order.
Follow your open positions!
France 40 / Cac 40 - 21 year level and divergence Fra40 Index can take u turn after hitting close to its 21 year old level.
We can see big divergence in daily chart time frame on Rsi.
Mostly USA and Europe index touch all time high and we are still in uncertainty about economy and COVID Delta fear rising again. Shorting is idea for now but if wait with cash for a better opportunity it will be wise decision.
CAC40 Daily Bearish Divergence Just Before we Reach the ATHThe CAC40 Index has a daily bearish divergence as we approach the ATH price of $6950. Will be testing the ATH in 130 points on a bear divergence. Might not get it before we pullback but this looks like its shaping up to be a double top. Short it.