The MIB had a volatile session during the day on Tuesday, as most of Europe just went sideways. We believe that the market is trying to find stability
The MIB had a volatile session during the day on Tuesday, as most of Europe just went sideways. We believe that the market is trying to find stability though, so we feel that buying is the only thing that can be done at this point in time. We are looking for short-term pullbacks in order to take advantage of perceived value, as there is a gap above that still needs filled. We have no interest whatsoever in selling, as Europe in general look like it is starting to perk up a little bit.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
