CAC 40
Short

CAC40 in USD : 100% fibo prolongation touched for the 4th time

139
This is the the CAC40 index in USD currency (CAC*EURUSD), as viewed by international investors.

As you can see, since the dip in 2009, this pattern happened 3 times. Each time it broke out the resistance (red), the rally did continue to 100% fibo prolongation. The error was less than 50 points. After that the index felt immediately at least 13%.

Now it could be the fourth time ...

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