CAC Mid 60 - (CACMD - France) is in WXY complex correction and moving up in ABC wave as the part of Y wave up. It is now in B wave correction of Y wave up and will end soon. X wave was triangle, which resulting in faster Y wave up. In weekly time frame it is similar to CAC Large 60 index as it has completed impulse sequence between 2009-2018. But in 2020 it doesn’t made new high and alerted for market weakness.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.