It looks today is a pretty good chance to build your long positions for the soon-to-come leg up starting after labor day weekend. Market indexes look close to an upside breakout soon, for example, FTSE and CAC indexes have formed ascending triangles, crude oil (USO) formed ascending triangle as well. Solar stock Trina (TSL) has is testing its low with low volume, if successful, will soon rally strong as it finishes a reverse head-and-shoulder bottom.
Showing posts with label CAC. Show all posts
Showing posts with label CAC. Show all posts
Friday, September 2, 2011
Saturday, October 16, 2010
CAC and DAX chart analysis
DAX (German Index) broke out from ascending triangle to upside convincingly, price target in short term would be 7150
CAC (French Index) is testing upper end of its upward sloping triangle/wedge which is a little bearish.
CAC (French Index) is testing upper end of its upward sloping triangle/wedge which is a little bearish.
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