Thursday, 30 May 2013

CAC

There is a double top on the hourly chart and we have 5 waves down from the 2nd high. We topped pretty well at 50% off the low (Sep 2011, 2694), 4041

Close to to time/price symmetry on these 2 ranges (daily chart) 4000 is the "rounded off" resistance level.  May need one more high on the daily swing chart ?

Line chart 3 drives ,expanding pattern ??


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