An educational blogsite dedicated to teaching the Elliott Wave Principle, Fibonacci Ratio Analysis and Market Timing strategies. Primary focus is on the E-mini S&P. Please read the risk disclosures contained within this blog.
Wednesday, March 16, 2011
CAC 40 : Flash Alert
The CAC 40 completed a terminal ending diagonal to complete w. 2 circle. Current price action confirms the diagonal as once a diagonal completes, it retraces the move from it's origin very quickly. As such a retest of 3256 would be in order.
Let's see what transpires.
Best of Trading
Labels:
CAC 40,
Diagonal Pattern
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