CAC Weekly Outlook 04072010

CAC 40 index from paris nothing new last weeks.
For  information about cac40 france click here

Weekly outlook suggests that a temporary top is formed, with double top formation pattern target near 3000 but cac have anothers numbers before.
We can ignore bearish divergence last high so below 3670 expect 3207 possible extension to 3050.

MACD last signal >> SELL 

RSI >> Bearish

Resistances: 3604, 3646 and 3670
Suport 3207 and 3095
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Click to zoom in. Good luck folks.

CAC - Weekly Chart

CAC Weekly Outlook 04072010

CAC Weekly Market Thought 15052010

Weekly Outlook suggests that a temporary top is formed.
We can ignore bearish divergence last high so below 3820 expext new week target 3260 possible extension to 4078. Click to zoom in. Enjoy your weekend

CAC Weekly Market Thought 15052010

CAC40 - Weekly Market Report

Bearish divergence last high MACD last signal was a sell. Trend bearish below 3820.
Resistances: 3745, 3795 and 3820
Suport 3471,3260 and 3078
Click to zoom in. Cheers!!

CAC40 - Weekly Market Report

CAC - New Update 08122009

The last update daily or big picture was a 6 months ago. Time new update.
I have some followers in France that follow this market. These words are for them.
Je tiens à remercier tous ceux qui suivent mon travail en France. Je vais surveiller cet indice le plus souvent. Profitez de cette occasion pour vous souhaiter maintenant un bon Noël.
Can see Last update CAC40

CAC - New Update 08122009

Market Europe - The idea comes to my mind - Range

The upper band of the range was visited on most indices. In the coming months expect a visit lower band again.
When I see the Vix to fall this way and the market with low volume,I think markets will crash or will visit again in sideways lower band of the range.
At the beginning of the year in most indices had a false break of the range. Let's see what market will do in the next 6-9 months.
Click to zoom in.
Enjoy

Market Europe - The idea comes to my mind - Range