Weekly FTSEMIBWeekly FTSEMIB
No news in the weekly FTSEMIB
Bearish channel remained intact and target unchanged
at 20704.
Weekly resistance at 21690.61
Weekly support at 21149.29
IT40 trade ideas
Weekly FTSEMIBWeekly FTSEMIB
No news in the weekly FTSEMIB
Bearish channel remained intact and target unchanged
at 20704.
Weekly resistance at 21690.61
Weekly support at 21149.29
weekly FTSEMIB I will continue to remain of the opinion of the last week,
weekly FTSEMIB in retraction towards the 20704 target before of mid-August.
Weekly Resistance Now at 21592,820
Weekly FTSEMIBWeekly FTSEMIB
I will continue to remain of the opinion of the last week,
weekly FTSEMIB in retraction towards the 20704 target before of mid-August.
Weekly Resistance Now at 21592,820
Weekly FTSEMIBWeekly FTSEMIB
Weekly Closure that goes back to the pullback line,
It could be a weekly maximum .
If the hypothesis is confirmed it will be able to follow the test of the last two weeks minimum
at 20704, going to verify the holding of the bullish channel.
At this point if the test is successful it will be able to rebound again to zone 22117,
Otherwise it will continue in the bearish channel towards the zone 20000
Weekly FTSEMIBWeekly FTSEMIB
Weekly Closure that goes back to the pullback line,
It could be a weekly maximum .
If the hypothesis is confirmed it will be able to follow the test of the last two weeks minimum
at 20704, going to verify the holding of the bullish channel.
At this point if the test is successful it will be able to rebound again to zone 22117,
Otherwise it will continue in the bearish channel towards the zone 20000
The Italian index starts flat this morning...The Italian index starts flat this morning, we expect the break of one of the levels
intraday, for the departure of today's movement
FTSEMIB Index- ADX / ADM - TS V. 2.9.1 - Intraday Levels for 14/07/2017
ADM-Average Daily Movement-Intraday Levels
Entry on close 1H (hourly candle) ... if exceeded the indicated level
LONG if > 21626.42
TP1 = 21741.71
TP2 = 21854.44
TP3 = 22085.03
Stop Loss = 21417.40
SHORT if <21417,400
TP1 = 21,302,110
TP2 = 21,189,380
TP3 = 20958,790
Stop Loss = 21626,420
On my blog, find the detailed explanation of how these levels works
FTSEMIB starts flat this morning....The Italian index starts flat this morning, we expect the break of one of the levels
intraday, for the departure of today's movement
FTSEMIB Index-ADX/ADM - TS V. 2.9.1 - Intraday Levels for 14/07/2017
ADM-Average Daily Movement-Intraday Levels
Entry on close 1H (hourly candle) ... if exceeded the indicated level
LONG if > 21626.42
TP1 = 21741.71
TP2 = 21854.44
TP3 = 22085.03
Stop Loss = 21417.40
SHORT if <21417,400
TP1 = 21,302,110
TP2 = 21,189,380
TP3 = 20958,790
Stop Loss = 21626,420
On my blog, find the detailed explanation of how these levels works
FTSEMIB Weekly, Pullback done?
Weekly that closes with a pullback of the bullish trendline broken the previous week;
This would call a forthcoming weekly bearish candle which could eventually release the index from the lateral phase that has been going for weeks,
with the break of the weekly support placed at 20577.60, and start it down to the target in area 19500.
A weekly closing above the 21170 would cancel the whole vision.
FTSEMIB Weekly, Pullback done?FTSEMIB Weekly, Pullback done?
Weekly that closes with a pullback of the bullish trendline broken the previous week;
This would call a forthcoming weekly bearish candle which could eventually release the index from the lateral phase that has been going for weeks,
with the break of the weekly support placed at 20577.60, and start it down to the target in area 19500.
A weekly closing above the 21170 would cancel the whole vision.
FTSEMIB starts up, but in the next hours probabily will start...FTSEMIB starts up, but in the next hours probabily will start the entry short (under 20970.48)
FTSEMIB Index-ADX / ADM-TS V 2.9.1 - Intraday Levels for 7/7/2017
ADM-Daily Daily Movement - Intraday Levels
Entry on close 1H (hourly candle) ... if exceeded the indicated level
LONG> 21197.90
TP1 = 21323.33
TP2 = 21445.98
TP3 = 21696.84
Stop Loss = 20970.48
SHORT <20970,480
TP1 = 20845.050
TP2 = 20722.400
TP3 = 20471.540
Stop Loss = 21197,900
On my blog,you'll find the detailed explanation of how these levels works ....
FTSEMIB starts up, but in the next hours probabily will start...FTSEMIB starts up, but in the next hours probabily will start the entry short (under 20970.48)
FTSEMIB Index-ADX / ADM-TS V 2.9.1 - Intraday Levels for 7/7/2017
ADM-Daily Daily Movement - Intraday Levels
Entry on close 1H (hourly candle) ... if exceeded the indicated level
LONG> 21197.90
TP1 = 21323.33
TP2 = 21445.98
TP3 = 21696.84
Stop Loss = 20970.48
SHORT <20970,480
TP1 = 20845.050
TP2 = 20722.400
TP3 = 20471.540
Stop Loss = 21197,900
On my blog,you'll find the detailed explanation of how these levels works ....
FTSEMIB entry short on departure at noonHe is prefiguring a downward afternoon on the Italian index
Entry on close 1H (hourly candle) ... if exceeded the indicated level
LONG> 21146.16
TP1 = 21273.15
TP2 = 21397.31
TP3 = 21651.28
Stop Loss = 20915.94
SHORT <20915.940
TP1 = 20788.950
TP2 = 20664.790
TP3 = 20410.820
Stop Loss = 21,146,160
FTSEMIB entry short on departure at noon
He is prefiguring a downward afternoon on the Italian index
Entry on close 1H (hourly candle) ... if exceeded the indicated level
LONG> 21146.16
TP1 = 21273.15
TP2 = 21397.31
TP3 = 21651.28
Stop Loss = 20915.94
SHORT <20915.940
TP1 = 20788.950
TP2 = 20664.790
TP3 = 20410.820
Stop Loss = 21,146,160
Weekly FTSEMIB
Weekly FTSEMIB that closes practically on the minimum of the previous week, biting it slightly.
It would be a slight short signal, but unconvinced, needs a confirmation next week.
What I see interesting is the breaking of the trendline (in red backbone)
That linked the departure of the lastes entr long signals. Another short signal.
Next week in the case of an initial start up I expect the pullback of the trendline , in zone 21000
If they start down immediately, the end of the lateral phase is decreed, taking the red channel path,
With first targetl in the 20000 area
Ftsemib settimanaleFtsemib settimanale pressochè invariato.. i punti di uscita dalla congestione laterale
sono la chiusura giornaliera sopra i 21271 per il long e sotto 20577 per lo short
FTSE/mib: Politics Driven MarketMost traders might be focused on the Dow or the DAX. Sometimes it´s helpfully to watch if a move is broad-based and simultaneous in major stockmarkets globally.
In the next 2 month there are now two major elections held in Europe setting the tone for stockmarkets.
Most traders might be focused next wednesday on the FOMC meeting. But same day is the Dutch election wich might trigger European Stockmarkets. Italy is a part of this and again large specs betting against Italy, obviously.
FTSE/mib: Politics Driven European MarketsTo bed against Italy might have many reasons. One reason is the idea that after Brexit and Trump now populism in Europe is on the rise.
But is not.
Investors selling stocks and bonds short awaiting that in the Netherlands next wednesday Geert Wilders is winning the election by "landslide". Since few days polls in France, Germany and Italy showing that European voters are turning away from far right parties. The reason is, what short sellers thought might to earn money on: The Brexit and Donald Trump.
European voters are more and more upset about Trump and same time they see that the BREXIT is nothing else than a deadlock.
Get the point: Polls are changing dramatically against far right parties in the last 10 days and you can see it in the charts. If ever the Netherlands election is not won by the far right anti-Islam and anti-EU Party PVV by landslides than shortsellers might be forced to cover their shorts. This could cause a spike for all European Indexes and thats why it might be a good idea, to watch Italy´s, France, Germany´s and the Dutch Stockmarkets simultaneous and also the EuroSTOXX 50.
FTMIB Italian Index Possible Elliott Wave CountNo many to say here, while looking for $Nikkei higher $FTMIB aligns with possible 5th wave extension towards the +20k..
