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FTSE MIB - Short
The Italian Index is ready to move lower.
Since May 2018 the Index is within a corrective pattern of a zig zag aspect which will end in a new move down.
Price remains below the "Cloud" (in colors) which means that there is vulnerability.
As soon as it breaks the red line (21200), this will be the signal of the next move down.
The target range is calculated at least for the 20000 level.
Since May 2018 the Index is within a corrective pattern of a zig zag aspect which will end in a new move down.
Price remains below the "Cloud" (in colors) which means that there is vulnerability.
As soon as it breaks the red line (21200), this will be the signal of the next move down.
The target range is calculated at least for the 20000 level.
Winstox
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