Indice CAC40Short
CAC40 forecast 15-16 November 2021
It's my prediction for next week.
RSI is currently 75.5, the market is oversold. I don't believe it has enough power to break 7100-7120 at this point.
We need a small pullback but I don't think it will go all the way to 6600. The buyers will step in around 6777-6834 - 50 and 38.2 Fib(low risk scenario - TP 6935 - 23.6 Fibonnacci)
I opened two sell positions - but please be aware I'm not a professional trader
RSI is currently 75.5, the market is oversold. I don't believe it has enough power to break 7100-7120 at this point.
We need a small pullback but I don't think it will go all the way to 6600. The buyers will step in around 6777-6834 - 50 and 38.2 Fib(low risk scenario - TP 6935 - 23.6 Fibonnacci)
I opened two sell positions - but please be aware I'm not a professional trader
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.