One of the few financial markets we didn’t do particularly well with thus far during 2017, is the French stock market index CAC 40.
2016 has come to an end, and we’re just hours away from 2017! I wish all readers a Happy New Year!
Generally speaking, the broader an index is in terms of number of companies whose stocks are listed, market capitalization and active market participants, the more suited it is for Elliott Wave Theory analysis.
Last week, we published – in the Market Analysis section – a number of warnings about oversold conditions and strong probabilities for a bounce, in several equity market analysis updates. Let’s look at small excerpts of just 5 of those analysis updates.