FTSE Mib going down since the elections
FTSE Mib is deeply retracing since May 2018, after the Italian political election, when the index broke the main trend support as well as the support offered by 50 and 200 days EMA.
Since May, the index is down 21% and overall indicators doesn't seem to suggest a reversion anytime soon.
MACD shows bearish signals as well as 50/200 days EMA diversions.
Current political situation increases the probability of the continuation of the retracement.
***As usual not a trading advice but merely my idea for information and educational purposes only***
Since May, the index is down 21% and overall indicators doesn't seem to suggest a reversion anytime soon.
MACD shows bearish signals as well as 50/200 days EMA diversions.
Current political situation increases the probability of the continuation of the retracement.
***As usual not a trading advice but merely my idea for information and educational purposes only***
Feragatname
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.