Short term view - CAC 40 : The MACD is oversold.
The trend is momentarily interrupted by a consolidation on a shorter time horizon but prices remain below the invalidation level at 5,226.00 pts. It can resume at anytime towards the target at 4,836.00 pts.Arguments :
- Prices are pulling back to the major resistance level (previously a support). The fall will resume afterwards.
- The MACD is oversold.
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