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Why I'm selling the CAC 40: O'Hare

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July 06, 2017 cac 40, home.saxo, saxotrader, saxotradergo, selling, steve ohare first 4 trading, tradingfloor.com
Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading on the French stock market index (FRA40.i).

He is planning to set shorts at 5200 and on a rally to 5215. The stop is a break above 5245 and the target is 5110.

O'Hare’s technical analysis of a selected trade is featured every Thursday on Trading Floor.