By | August 21, 2017
Top 5 Bearish signs of CAC 40 One Cannot Ignore

                         Top 5 Bearish signs of CAC 40 One Cannot Ignore. Parish CAC 40 is a bench market index in France is showing shines of reversal one cannot ignore.

Top 5 Bearish signs of CAC 40 One Cannot Ignore:

  1. On Monthly charts, CAC 40 is resisted near to previous falls 78.6% Fibonacci retracement level which is bearish

  2. It also has Three Outside Down Bearish Candlestick Pattern on the monthly chart.

  3. Negative Divergence on Monthly.

    Top 5 Bearish signs of CAC 40 One Cannot Ignore

  4. On weekly, it is near to gap support it must hold the support for the stronger rally.

  5. If 4980 is broken then 4730 is the next support.

  6. Korean tension is worsening keep watch on.

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