CAC 40 IndexLong
New ATH is imminent. 8000 is possible, 7700 is very realistic.
A ~10% uptick is still due in all major indices. Similar structures in SPX, NASDAQ, RTSI.
In the FX world, EURUSD at 1.12...1.14 is back on the table, and this range will be hit at the same time as stocks reach their cycle high.
The funny thing is -- USDJPY is also ripe for a correction to ~136..137, which means that a new (and final) multi-year high in EURJPY is also very likely at ~151...152. It will be really cool to see it get there.
Expect big bullish moves the coming week.
In the FX world, EURUSD at 1.12...1.14 is back on the table, and this range will be hit at the same time as stocks reach their cycle high.
The funny thing is -- USDJPY is also ripe for a correction to ~136..137, which means that a new (and final) multi-year high in EURJPY is also very likely at ~151...152. It will be really cool to see it get there.
Expect big bullish moves the coming week.
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