Hello Traders, This graph shows the EU50 index on a daily timeframe. The graph shows the convergence between actual downtrend channel and EMA100. It also shows a level of resistance on the RSI indicator. Impact points on resistances and EMA100 are shown by red dots. The EU50 might go a bit higher but shall reverse downtrend Do not hesitate to...
Hello Traders, This graph shows the CAC40 on a daily timeframe. The graph shows the convergence between actual downtrend resistance and EMA100. It shows also a level of resistance on the RSI indicator. Impact points on resistances and EMA100 are shown by golden dots. The CAC might go a bit higher but shall reverse downtrend Do not hesitate to comment it is my...