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***
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.