We’ve just triggered a high conviction short-term negative signal in the CAC 40, suggesting caution is warranted after a strong run.
Since our last positive signal on April 14th, the index has climbed an impressive +7.6%, but current conditions point to a potential pullback ahead.
Key levels we’re watching:
📉 Near-term pullback potential: –1% to –1.5%
🧭 Initial support: 7,727 – the 50-day SMA
⚠️ Volatility support zone: 7,653 (–2.4% from current levels)
While this doesn’t mean the broader trend is breaking down, it does suggest short-term traders should consider de-risking or tightening stops.
We’ll continue to monitor the setup closely and share updates as conditions evolve.
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Stay sharp,
QM Trades
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The trade ideas and commentary shared on this page are provided for educational and informational purposes only. They do not constitute financial advice, investment recommendations, or an offer or solicitation to buy or sell any securities. All content reflects the opinions of the authors and is subject to change without notice. QM Trades does not provide personalized investment advice and is not a registered investment advisor or broker-dealer. Always do your own research and consult with a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results. Trading and investing in financial markets involve risk, including the potential loss of capital.
