FRA40 trade ideas
France CAC 40 Short Entry 13:36:42 (UTC) Thu May 21, 2020France CAC 40 Short Entry 13:36:42 (UTC) Thu May 21, 2020
FRANCE 40 BUY (INDEX)IMPULSIVE WAVE PATTERN , WE MIGHT SEE A MOVE TO THE UPSIDE ,LET KEEP IT SIMPLE .WE REMAIN THE THE GIANT OF WALL STREET (GOWS).
I remain short the CAC40 index as from the Previous Post LinkedI remain short the CAC40 index as from the previous post linked,
I remain short the CAC40 index as from the previous post linked,
CAC40 Short Entry on Divergence 13:45:39 (UTC) Wed May 13, 2020As of the open today, the French stock market is down 32 percent from February. There's a broad based stock market crash going on, with financials down 42% year to date. For this, I will be shorting from these regions, and using the futures index as it's proxy.
13:51:33 (UTC)
Wed May 13, 2020
(FR40) Index to hit 4600 EUR Pretty SoonFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis and not meant to be taken seriously. That being said, let me get into my opinion. FR40 which is a French stock index for the Euronext Paris, have been hit pretty significantly as a result of Covid19 after being on a bullish recovery for almost a year prior. Now, as the markets are weighting in and people are starting to "panic sell less", I believe it is about to pass the 4600 euro threshold and likely to go on a stable price recovery trend. The 4600 EUR threshold crossing is likely within a week or so at most, but the recovery process is more of a long afterwards.
CAC 40 ANALYSISCAC 40 is going DOWN after break the black line, so there is a great propability that it will continue down.
All indices move the same way!!..Or do they??**PLEASE FAST FORWARD TO .35sec MARK!**
I wanted to give a quick lesson on correlation.
Telegram: @RichDadBre
All the indexes move the same way...or do they??I wanted to show an example of why its not always a good idea to trade multiple indices the same way.
@RichDadBre
CAC40 dans le douteSuite à la cassure du pont pivot, l'indice pourrait atteindre le 1er niveau de target 5031.405 et meme le 5380.300. et ainsi reprendre la tendance haussière sur son support actuel qui est sa trend line.
