As forseen since Mid June, CAC40 is in a correction process. There is no breaking news in the market, and the summer sell-off continues.
Therefore, the correction process may continue until 4100, bellow that leval and in particlar bellow 3850 it is rather a consolidation and a clear reversal of trend rather then a correction. If this happen, ECB would intervene with LTRO and ABS. But we are not there yet.
The summer geopolitical activities will stop by mid September and traders should come back in the market with year end target as 4500 and over.
Therefore, the correction process may continue until 4100, bellow that leval and in particlar bellow 3850 it is rather a consolidation and a clear reversal of trend rather then a correction. If this happen, ECB would intervene with LTRO and ABS. But we are not there yet.
The summer geopolitical activities will stop by mid September and traders should come back in the market with year end target as 4500 and over.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。