Is CAC 40 Index Headed For A Steep Decline?

Is CAC 40 Index Headed For A Steep Decline?

The French stock market has been very strong this year, with the CAC 40 Index streaking higher into late summer. But the rally fizzled out at a key spot, leaving the index vulnerable to a correction. Today’s “monthly” chart of the CAC 40 Index highlights this. As you...
European Bear Market Rallies Peaking Here?

European Bear Market Rallies Peaking Here?

Are bear market rallies peaking in Europe? Very possible! This 3-pack looks at stock indices from Germany (DAX), France (CAC-40), and London (FTSE-100). Each index declined more than 20% from highs earlier this year, reflecting that each entered into bear markets....
Global Topping Patterns Could Be In Play!

Global Topping Patterns Could Be In Play!

CLICK ON CHART TO ENLARGE This 4-pack reflects that each of these indices remains in uptrends and each is at the top of multi-year rising channels. Softness over the past 90-days has not changed the long-term trends. It also reflects that each could be creating some...