Monitoring the CAC position:
Sale on February 3, 4020. Stop 3990. Objective: to be determined.
Hypothesis Flag of is now obsolete: ACC did not actually been able to link two major upswings in the space of two days. Blame it on an upward resistance that connects the tops since January 24.
Note the formation of hollow ascending and trendline that protect the CAC: the trend remains bullish but the speed is likely to remain slow.
In the alternative scenario: the breaking of the trendline activate a wedge that would return the course to the major support to 3955. The stop will probably be back to avoid this alternative scenario.
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