ridethepig | FTSEMIB
Updated
đź“Ť This diagram comes after the conversation with lu1977hk, and is no more imaginative than the positional flows across the global equity board.
In Italian Equities the initial offensive targets for sellers come in at 18,466; 17,643 and 16,819 from a "fibs perspective". The connection of further downside in European and Global Equities is more or less the same sort of difficulty all round. Think of this like a composer trying to adapt the pianist to enter into the full orchestra. FTSEMIB shorts are another to add to the basket.
French Equities:
German Equities:
Eurostoxx:
The theme appears to be across the board on an epic level, with the whole series of European markets in a downwards move towards support. In reality, however, this manoeuvring shakeout is going to be strategically important from a positioning perspective for when we are loading the lows (we will cover that later in 2021).
Thanks as usual for keeping the feedback coming đź‘Ť or đź‘Ž
In Italian Equities the initial offensive targets for sellers come in at 18,466; 17,643 and 16,819 from a "fibs perspective". The connection of further downside in European and Global Equities is more or less the same sort of difficulty all round. Think of this like a composer trying to adapt the pianist to enter into the full orchestra. FTSEMIB shorts are another to add to the basket.
French Equities:
German Equities:
Eurostoxx:
The theme appears to be across the board on an epic level, with the whole series of European markets in a downwards move towards support. In reality, however, this manoeuvring shakeout is going to be strategically important from a positioning perspective for when we are loading the lows (we will cover that later in 2021).
Thanks as usual for keeping the feedback coming đź‘Ť or đź‘Ž
Note
Spanish Equities:
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