According to the charts, the French stocks ETF is ready to continue its uptrend after the election.

Are you interested in investing in the French stock market but are unsure about the recent volatility surrounding political news? Look no further than Extreme Investor Network for expert insights and analysis on the current state of the French market.

The CAC 40, the primary benchmark for French stocks, has experienced a sharp pullback of nearly 10% since its peak in March. Despite this correction, there is still a primary uptrend in place for the CAC 40 and the iShares MSCI France ETF (EWQ). Our team of experts has identified signs that both proxies for French stocks are starting to stabilize, indicating that the market is reacting positively to the latest election news.

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Investors may find comfort in knowing that once the political uncertainty is resolved, French stocks could see a rebound, especially considering their oversold status. The CAC 40 has lagged behind the S&P 500 Index for over a year, but indicators suggest that there could be a potential counter-trend phase of outperformance for French stocks compared to U.S. stocks.

At Extreme Investor Network, we use advanced technical analysis tools, such as the cloud model and stochastic oscillator, to provide unique insights into market trends. Our research shows that French stocks, including top holdings like LVMH Moet Hennessy Louis Vuitton (LVMUY) and TotalEnergies (TTE), are showing signs of bottoming out and could be poised for a rebound.

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Don’t miss out on the opportunity to stay ahead of the curve with our exclusive market research and analysis. Visit Extreme Investor Network today to access cutting-edge investment insights and make informed decisions in the fast-paced world of investing. Stay informed, stay ahead, with Extreme Investor Network.

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