Report
Valérie GASTALDY
EUR 106.14 For Business Accounts Only

Medium term view - PSI 20 : The rectangle has just been triggered.

Prices were consolidating in a pattern. They broke below the lowest threshold of that pattern. The trend becomes bearish. The target is at 4,569.00 pts. The invalidation is above5,426.01 pts.

Arguments :
- The major support has been breached.
- The rectangle has just been triggered.
- The bearish gap opened as prices break out of the pattern announces a fall.
Provider
Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

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Valérie GASTALDY

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