CAC, Paris

CAC may 12 2014

The FTSE has still to make a new high, now from exactly a year ago. In the mean time the 40, Paris exchange, has traced out an examplary  wedge which,if correct, has just a little further to go before it should dive down. We will see. Below is how it fits in the bigger picture, a big C wave withe 3 individual A-B-Cs.

cac may 12 2014 b

See also previous blogs under CAC40.