F40 trade ideas
CAC40 - Un rebond de courte durée ?Une sortie nette à donc eu lieu juste avant la clôture des marchés..
Nous pouvons faire une pause à ce niveau, mais nous pourront rapidement aller visiter les 4570.. avant une potentiel rechute..
Les stops doivent être remontés pour assurer des gains au cas où nous revenons vers 4100..
CAC40 - Inversion de la tendance ? - NeutreLe CAC invalide t-il le drapeau baissier qu'il a construit ?
Je passe neutre mais tant que le drapeau n'est pas invalidé, la tendance générale depuis février reste baissière.
Je serais acheteur lorsqu'il franchira nettement la zone rouge.. Nous sommes en mode "espoir" ici. Peux-être en phase d'accumulation..
RSI Divergence CACPersonally do not believe in this. But there is a Divergence forming here.
Strong downtrend still exists too.....
Still short We might rebound toward 4200 but the trend is still bearish and this monthly candle is scary... technically a bear market have 3 phases: we are only on the first phase where we assist of a fast decline on prices the second phase is like a bounce to retrace a little from the decline then the last phase where price continue their decline but slowly
For me my targets are 3500 then 2700 for the CAC 40
4200 is a great price for shorting or even now if you can take the the rebound my next target is 3500 then 2700
CAC 40 Index - heading towards 2012 lowEurope Markets entering strong bearish momentum.
France is at the beginning of the COVID-19 Pandemic, number of infected people expect to grow exponentially in the upcoming weeks.
France, Spain, Germany following Italy's state of emergency.
We expect now a lower low of the CAC 40 Index.
At the correction move to 4600, we can start shorting the Index with the price target of 2012's low at 2800.
Europe will enter in recession if serious state economic measures are not taken.
"Two of the EU's biggest states, France and Spain, have followed Italy in announcing emergency restrictions to combat the spread of coronavirus. France, a country of 63.5 million, ordered the closure of all non-essential places used by the public from midnight (23:00 GMT)." 15 March - bbc.com
Let me know your view in the comments down below!
CAC40 could drop by 40-50% moreFigure on the chart speaks for itself, either short sell now with a big stop loss (close to the red lines) or wait till the price reaches the green lines and do a full BUY then ;)
Pay attention to the middle line, the price could react a lot from there (increased volatility).
Good luck!