The French Stock Index CAC40 Trend Still Up
The CAC40 looks like a nice setup with the bias still supportive to the upside.
However, the price will need to get above yesterday's session high which is just above the Monthly Pivot high.
Go long if the price breaks above 4852 and place a stop loss at 4673. The profit target is at 5108 for a good risk reward trade.
However, the price will need to get above yesterday's session high which is just above the Monthly Pivot high.
Go long if the price breaks above 4852 and place a stop loss at 4673. The profit target is at 5108 for a good risk reward trade.
Komen:
With the market breakout, I now trail my stop loss to underneath the low of the Super Pivot Stack
Komen:
Trailed stop loss to 4796