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Long taken on EUSTX50. Broke past high after the vaccine news yesterday and have held so far. Price can hopefully continue up to the next level of past resistance.
CAC40 joined it's a rally today with the rest of the equity markets. The index has managed to climb 10% in just 1 week from its low at the end of October. Nevertheless, the fundamentals look weak for Europe with the 2nd wave still in full swing. Look to short at 4950.00 or below if the resistance level holds.
CAC Index bearish (1D Chart)
CAC bearish (15M chart)
EURONEXT:CAC is another index losing support right now, which if no recaptured in the upcoming hours may lead to another 10% decline in the upcoming days/weeks.
📌 An update to the map for French Equities By now we should have all positioned our portfolios defensively and be sure that in doing so by covering we are ensuring that our opponent will not try a steam roller! Think back to the diagram and follow the flows.... We have a typical position here in which French Equities can be sold actively. Thanks to the...
cac ultra range nothing to do with BX4 for now
Stunning NOVACYT ALNOV here have its graph with supports and resistors we are bullish, we see good levels like that of 9.00EURO. We'll see how this bullish rally continues but we think it will stay above the 9Euro level for some time keep it in sight. Sincerely L.E.D. Be safe !!Allez Novacyt!! :)) In Spain at 16/10/2020
Key levels for CAC-40, We see more trouble than happiness on the chart for the French index
As expected before. Cac40 after the break down of the channel it comeback to test the resitance and will continue down
Buying the support .
Belle polarité entre le pullback sur la résistance hebdo cassée et un support oblique ... un peu tôt, en attente de signal mais intéressant
nous reston neutre à la question même si on a un biais qui a très envie que ca chute à 3500
📌 A short update on French Equities that are also full of dramatic events. The nature of the down cycle came after the infamous leg we played to the topside and began profit taking. How to spot an early discovery of the flows? The diagram clarifies the relationship between the ending of wave 5 and the beginning of the initial 'A' leg with Covid. This...