Stocks Indices trading analysis and signals for DAX, CAC40, NIKKEI, NASDAQ, RUSSEL
RUSSEL2000
The index is in the long-term wedge and is testing a breakout loong-term falling trend line 1670 as it can be seen on a daily and weekly chart. We need to see a close above this level for an upside extension and a swing down on a rejection from here would lead to a test of the recent wedge downside resistance 1600.
CAC40
CAC40 has made a congestion wedge false breakout to the downside below 4700 and we are seeing it back again to push higher above Already a member?
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