Get started

ITALY

ITALY vs GERMANY - SPREAD AT THE HIGHEST EVER - STOCKS... "when they tell you that the Spread with Germany is at its lowest ever not believe... this is the only one that is important"... 01/01/2002 - 01/08/2009 : Spread vs DAX FTSE MIB lows . Divergence contained 01/08/2009 - 01/12/2014: BOOM BREAKS Spread between DAX and FTSE MIB . After 2000 days DAX " Overperforming " FTSE MIB approximately 130% since 2002 ( euro entry) 01/12/2014 - 13/04/2015: Stocks "fee" the ECB QE . Spread vs DAX FTSE MIB at the highest ever. DAX " Overperforming " FTSE MIB 167% since 2002 ( euro entry) EURO IS GERMAN RULES
INDEX:DEU40
by guado77
Italy chart may hint about Euro next crisisIn June, Italy broke below the downtrend line its been following since mid 2013. After a sharp decline where it broke also below the 16.5 support zone, $EWI used the last couple of week to made a small pullback (in a form of a bearish Flag) right back into the 16.5 zone (now resistance). Since C point (16.5) was right at the 61.8 Fib level, we may see a possible bullish AB=CD pattern which will be complete near 14$. If that's the case, we are talking about another sharp decline coming real soon. We already saw the first bearish signal as the ETF broke below the bear Flag pattern and it seems like that the only thing that can prevent Italy from completing the pattern is another "pump" from the Fed or the ECB. 16.5 is the critical level to watch. A close above it will violate this analysis.
AMEX:EWIShort
by themarketzone