CAC 40 – La Manche Drift…

CAC 40   –  Back Today on ATA Research Radar 

 

ATA Continuation of…

28.04.2017 –  3 HORSEMEN of MARKETS EUPHORY… 

1.06.2017  –  CAC 40 – RISK OFF SHOOTING STAR on FRENCH SKY…

21.06.2017  –  CAC 40 – FRENCH POLITICAL MESSIAH DOESN’T HELP…

10.07.2017  –  FRENCH EQUITY BEAR ACTIVE MOVE – IT’S NOT COINCIDENCE...

1.08.2017  –  MACRON OMEN…

5.09.2018  –  CAC 40 – 1 Year after MACRON OMEN…

12.11.2018  –  CAC 40 – MACRON OMEN ON…

9.12.2018 –  CAC 40 – MACRON Factor – from OMEN to NIGHTMARE…

13.01.2019 –  CAC 40 in YELLOW VESTS HOLDFAST…

27.05.2019 –  CAC 40 – Le Pen Winning Factor…

with

ATA Following …

DAX 

3.08.2019 –  DAX – STRIKE under EQUTOUR 12.000

FTSE 

10.08.2019 –  FTSE – No HARD BREXIT Real Strikes…

 

2 Years after MACRON OMEN…

CAC 40  long term picture  still shows Consolidation…

with

Reversal Trend Process  Rising Probability

&

No Rising Trend  for Sure…

 

French flag with business building on background

 

First…ATA from  27.05.2019

” still Active Bearish  Monthly Technical Pattern – 3 TOPS in 5500 Zone 

Now with

Activated 2B Pattern in this same 5500 Key Level Zone 

with

Daily H&S Pattern – Neckline 5270   ”

 

 

Second…Present CAC 40  Index  Situation 

 

 

 

 

First…Main  Motives

Global & CHINA – US – EU – UK Slowdown  & Recession Risk

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP CURRENCY WAR 

MACRON OMEN 

French  Macro  –  Weak  French  GDP  

with

ECB –   Lagarde  vs  FED & Powell Impulses

 

 

Second…Market Technical  Patterns 

 

Monthly View 

Open Long Term Scenarios  Bearish  vs  Bullish 

Bearish 

Monthly Technical Pattern – 4  TOPS in 5500 Zone 

Activated  Monthly 2B Pattern in  5650 Key Level Zone 

Bullish 

Invert H&S Pattern – Neckline 5500 

Now Creating Right Shoulder 

with

Monthly MACD  

Activated Buy Signal  vs  still Active Broken Trendline 

 

Daily View 

2B Pattern  in  5590 Key Level Zone 

vs

W Pattern   in  5200 Key Level Zone 

after

Cancel  Last Daily H&S Pattern – Neckline 5270 

by

Rising above Neckline & Dynamic Baskerville Dog  Run 

with

Daily MACD Sell Signal  

 

CAC 40 Present Active Range

5600  –  5500   vs   5200  –  5000

 

 

ATA  CAC 40   Present Investment Conclusion

still Focus carefully on

CAC 40 Present Active Range

5600  –  5500   vs   5200  –  5000

with

FIB RET 

 

Negative Scenario  (  4 TOPS &  2B Risk Pattern )

needs Conformation 

Break & Fall under Psychological Key Level 5000  

&

Positive Scenario  ( Invert H&S Pattern )

needs Conformation 

Break & Rise above Psychological Key Level 5500  

 

 

N – TIMES

Finally …

F/X  Maxim 

Chart is More Important than 1000 Words…

&

Most Important is  Final  Smart Money Reaction….

First…EOD-s 

Second…EOW-s

Final…EOM – Now August

 

 

CAC Monthly Charts :

 

1.08.2017

5.09.2018

CAC-M

CAC-M - 1

CAC-M - 2

12.11.2018

CAC-MCAC-M - 1CAC-M - 2

7.12.2018

CAC-M

CAC-M - 1CAC-M - 2CAC-M - FIB

11.01.2019

cac-m

cac-m - 1

cac-m - 2

cac-m - fib

CAC Monthly & Daily Charts :

27.05.2019

CAC - M -Line

CAC - M -Line - Focus

CAC - D -Line

14.08.2019 – EOD

CAC - M - Fib

CAC - M - Line

CAC - D - Line

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