CAC FUTURE Nov18 : The 38% retracement has been passed.
The resistance has been passed, the trend becomes positive as we now have a succession of ascending peaks and troughs.The next target is at 5,265.50 pts. The invalidation level is below 5,046.00 pts.Arguments :
- The 38% retracement has been passed.
- The bullish gap opened as prices break out of the pattern announces a rally.
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