HEAD&SHOULDER WASH OUT WARNING FOR ITALY FTSE MIB
ONE OF THE ITALIAN EQUITIES BENCHMARK, FTSE MIB PRESENTS A WIDE VARIETY OF TECHNICAL POINTS THAT SEE THE FTSEMIB IN A BEAR MARKET
GIVEN THE REJECTION AT THE 200 DAYS MOVING AVERAGE, WHILE ALSO A WIDE SHAPED HEAD&SHOULDER PATTERN, THAT HAS BEEN THREADING WATER ALL ALONG
BELOW THE 200 DAYS MOVING AVERAGE, GIVES A CLEAR WARNING OF WASHOUT OF FTSE MIB EQUITIES, THE OVERALL BENCHMARK INDEX COULD HAVE TO FILL AND REPAIR
INDEX GAP STRUCTURES, THAT CAN SEE THE INDEX RETRACING SOMETHING BETWEEN -9.0%<-20.0%, WITH SEVERE OUTFLOWS FROM THE ITALY STOCK MARKET
TECHNICAL INDICATORS AND INDEX PATTERNS DO CONVOY A WIDE RANGE OF TECHNICALLY CONSISTENT SELL FACTORS.
GIVEN THE REJECTION AT THE 200 DAYS MOVING AVERAGE, WHILE ALSO A WIDE SHAPED HEAD&SHOULDER PATTERN, THAT HAS BEEN THREADING WATER ALL ALONG
BELOW THE 200 DAYS MOVING AVERAGE, GIVES A CLEAR WARNING OF WASHOUT OF FTSE MIB EQUITIES, THE OVERALL BENCHMARK INDEX COULD HAVE TO FILL AND REPAIR
INDEX GAP STRUCTURES, THAT CAN SEE THE INDEX RETRACING SOMETHING BETWEEN -9.0%<-20.0%, WITH SEVERE OUTFLOWS FROM THE ITALY STOCK MARKET
TECHNICAL INDICATORS AND INDEX PATTERNS DO CONVOY A WIDE RANGE OF TECHNICALLY CONSISTENT SELL FACTORS.