Chart of the day: CAC 40

September 15, 2011

The French stock market index CAC 40 looks today as DJ-30 looked on September 14.

The only remarkable signal was the bullish one on September 13.

Note again the positive divergence between haDelta and the heikin-ashi chart.

The haDelta average is still negative – a sign of partial commitment for the longs.

Heikin-ashi in both formats, visual and quantifiable, offers a progressive image of the French market (and not only)

Chart of the day 09/15/2011 CAC 40

Advertisements
%d bloggers like this: