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SPF 120 Index (France) - critical juncture - keep tuned to short

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EURONEXT:PX4   SBF 120 Index
The French index as its European counterparts is tracing a cycle wave c down. Currently it is finishing primary wave 2 up wave and the next move will drive the index to new lows. It seems to be tracing minor wave 3 of a five moves up that will complete intermediate wave C and start primary 3 down. For this it should cross the high of intermediate wave A, and complete the 5 waves. After this the more riskier short entry would be at the low of minor B or for a more conservative entry at the low of primary wave 1. FOLLOW SKYLINEPRO TO GET UPDATES.

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