FXEMPIRE
All
Ad
Corona Virus
Stay Safe, FollowGuidance
World
18,802,282Confirmed
706,443Deaths
11,977,252Recovered
Fetching Location Data…
Advertisement
Advertisement
Christopher Lewis
mib

Looking at the Milanese exchange, you can see that we broke out to the upside at the open on Tuesday, gapping above the 22,000 level. The market looks as if it is ready to head towards the €22,800 level, but of course it will take a bit of effort. The market has quite a bit of noise just above, so quite frankly we feel it’s easier to buy short-term pullbacks in order to go long of this market. We have no interest in selling, we believe that the MIB will eventually break out to the upside and above the recent highs.

 

MIB Forecast November 18, 2015, Technical Analysis

Advertisement
Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Trade With A Regulated Broker

  • Your capital is at risk