Cycle Wave: EW Counts - Paris stocks

5/30/2020

Capgemini SE (CAP - France) - ABC wave pattern

Capgemini SE (CAP - France) is in ABC zigzag wave in 60 min time frame, in which wave A was leading diagonal structure, while wave B was retraced 0.24 times of A in flat like correction. So possibly C wave will be faster up and move much higher. In weekly time frame this up movement can be (C) wave, which is impulse in nature, means in 60 min it can be impulse from bottom instead of ABC. But chart will reveal it later as progresses. It is better to trade as C wave up in 60 min time frame with valid invalidation level.

Sanofi SA (SAN - France) - WXY wave pattern

Sanofi SA (SAN - France) is in WXY complex correction in 60 min time frame, where it completed complex W and X wave and now moving up in Y wave as ABC. Wave 2^nd is about to complete soon of wave A of Y major wave up. In weekly time frame, it has completed impulse five wave up and correcting it now in complex WXY correction as shown in chart.

Sodexo SA (SW - France) - ABC wave pattern

Sodexo SA (SW - France) is in ABC zigzag wave pattern moving downside in C wave and now 2^nd wave will start, which should not cross the invalidation level in order to continue C wave down. This ABC sequence is the part of Y wave down. In weekly time frame it completed ABC wave and now moving down for correction.

Thales (HO - France) - ABC wave pattern

Thales (HO - France) is in ABC wave pattern, in which B wave was too complex and time consuming. It is in 3rd wave up of C wave. In weekly time frame it completed WXY correction and new up cycle started moving up.

5/29/2020

CAC40 (FCHI - France) - ABC wave pattern

CAC40 (FCHI - France) is in ABC zigzag wave pattern and going up in 3^rd of C wave, which might end soon and go in 4^th wave correction. B wave was complex. In weekly time frame It has completed (A)(B)© flat wave from high made in 2018. The high made in 2020 was irregular (B) wave. Now currently price moving in new cycle up side from last bottom.

CAC Large 60 (CACLG - France) - ABC wave pattern

CAC Large 60 (CACLG - France) is in ABC zigzag wave pattern and going in 3^rd of C wave, which is about to complete soon and 4^th wave correction will start then. In weekly time frame, it is more clearer than CAC40 index, as it was in impulse from 2009 low and in 2018 it has completed that impulse. After that it made ABC flat irregular correction, which ended recently and new up cycle now started.

CAC Mid 60 - (CACMD - France) - WXY wave pattern

CAC Mid 60 - (CACMD - France) is in WXY complex correction and moving up in ABC wave as the part of Y wave up. X wave was triangle, which resulting in faster Y wave up. In weekly time frame it is similar to CAC Large 60 index as it has completed impulse sequence between 2009-2018. But in 2020 it doesn’t made new high and alerted for market weakness.

CAC Small (CACS - France) - ABC wave pattern

CAC Small (CACS - France) is now moving up in ABC zigzag wave pattern and moving up in 3^rd of C wave up. B wave was triangle. In weekly time frame again it resembles CAC Mid 60 index as it completed impulse in 2018, but after that in 2020 it just given flat B wave, which was most under-performer at that time and shown market weakness in terms of small cap stocks.

Air Liquide SA (AIR - France) - WXY wave pattern

Air Liquide SA (AIR - France) is in WXY up correction and moving up in C wave of y of Y major wave as final move up. It is the part of complex correction. In weekly time frame, from major bottom on chart it has completed WXY wave upside. From major top in 2020, it dropped in ABC zigzag and now corrected in complex WXY correction. It is very strong stock and out-performer than CAC40 index on daily time frame. So possibly it can go higher in 60 min time frame.

Bouygues SA (BOUY - France) - WXY wave pattern

Bouygues SA (BOUY - France) is in WXY complex correction in 60 min time frame as shown in chart and it is now moving in y of Y wave down. X major wave was triangle, but Y wave was again subdivided in wxy wave. Invalidation level on 60 min chart must be followed to remain in count. In weekly time frame it made huge triangle in X wave, which was already broken down with high volume. So if it retain below that break down point, then huge downside will be possible in future.

Accor SA (ACC - France) - ABC wave pattern

Accor SA (ACC - France) is in ABC wave pattern zigzag from major low on 60 min chart. It is now 4^th wave correction and go for one more high of C wave, which might cross the level of reverse the temporary trend. It has completed C wave down of WXY down wave. In weekly time frame, it is on complex correction and will extend it once it the upper new cycle will over as shown in chart.

Worldline SA (WLN - France) - WXY wave pattern

Worldline SA (WLN - France) is in WXY complex correction and it is now in b wave up of abc down of y down in X wave as shown in chart. X wave is moving in consolidation zone only, after which Y wave will start up move. It is very strong stock in weekly time frame compared to CAC40 index.

Hermes International SCA (HRMS - France) - Impulse wave pattern

Hermes International SCA (HRMS - France) is impulse wave and moving up in 5^th of internal 3^rd of major 3^rd wave up in 60 min time frame. It is in 5^th wave of weekly time frame as shown in chart, which is also in extension. It is too strong and out-performing to CAC40.

5/14/2020

Bouygues SA (BOUY - Paris) - Updated EW count

Bouygues SA (BOUY - Paris) is in 3^rd wave of C wave down. After X wave triangle broken the price falls sharply as expected. The total price action is in WXY wave pattern as shown in chart.

Accor SA (ACCP - Paris) -Updated EW count

Accor SA (ACCP - Paris) is in 3^rd wave of 5^th wave down. The fall was vicious down as expected as the result of real triangle wave 4.

Credit Agricole (CAGR - Paris) - Updated EW count

Credit Agricole (CAGR - Paris) is in 3^rd wave of C major down of ABC zigzag pattern. It is also broken down the support line and heading towards the target zone.