#CAC40 = Long Term Forecast = 05.03.2022 $CAC #FR40

#CAC closed this week with some extremely bearish candle formations and technical signals. Unless #ElliottWaves are deeply mistaken, the index is expected to fall towards the $2850-3800 area, or 60-48% off the top. The targets could be reached in 2-5 quarters, as projected on this all time quarterly chart.

The expectations are aligned with targets for #FTSE and #DAX indices.

The forecasts for other indices can be viewed here:

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