The past week has once again reinforced my belief bullish for the coming weeks. I still think the ACC has signed a lease to the Bull in May 4500 period, which is often a rotating calendar.
Among the arguments in the flash of January 30, I advanced that "when a downward shock graphically is erased, the probabilities militate for an extension of up beyond the starting point of the crash (on the CAC, April 2010) ".
To illustrate this argument, here below the graph then the ACC SAP services company listed on the Dax 30.
Observe the comparison (the dates are not important): the scenario of SAP (above) will, in my opinion, occur on the ACC .
The market will most likely continue its slow ascent interspersed with violent corrections as last week. These folds constitute opportunities.
CONCLUSION:
The market will most likely continue its slow ascent interspersed with violent corrections as last week. These folds constitute opportunities.
ACC Current Position: neutral after activating my stop last week. Find a new point of entry long.
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