cac40 near fibo 161%(target) after it can zigzag and then will go down , in 2 place you must buy with sl=40 and hold min 10 day ,for comming days looking for sell instead trade cac40 (moves very little) we advice trade FDAX1! or micro dax (comes newly to EUREX need 500$) FDXS1! why ? = dax volatilyty is high and good for scalp and day traders
if you have buy close it now,,,looking for sell on hp with SL on high after 6160 looking for buy
cac 40 must go down to fibo 61% 6170 soon or late advice =looking for sell on high ,close it in low (sl=high) buylimit on 6180 is exclent order sl=6142
CAC Will Rise Next weeks Next target is 5924 EUR Keep it in the portfolio Buy Or double Your investment
Following the deal reached a couple of hours ago at the European summit re. the recovery fund, there is a likelihood that the FCE August contract will open gap up. If the 5100 pts resistance which has been tested several times breaks with a gap up, the maket could go and seek the 5140 area and then the 5200. This scenario would be cancelled if the market retraced...
the CAC 40 on a bearish expect a pull back in the near future
PRICE REVERSE IN STRONG RESISTANCE MONTHLY SO PROBABLY CAC40 GO DOWN IN THE NEXT WEEK
Short to new lows, as the divergence seen in Asia has spread to europe. 13:45:39 (UTC) Wed May 13, 2020
BUY CAC 40 FUTURES take profit 4952 , stop lose 4220
trend : bullish support level 5195 targets 5201 targets 5210,5 targets 5224
resistances 4769.5 targets 4762 / 4751
Look at the gap for stop loss and pivot point for first target. Black Line step is for SAR D1 time frame. Short term : Neutral Long term : Long
Watch lower time frame like M15 to enter long on Cac 40 and waiting for Rsi oversold on this time frame with Fib levels. Stop loss under 4900.