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MIB Forecast November 3, 2015, Technical Analysis

By
Christopher Lewis
Updated: Nov 3, 2015, 05:58 GMT+00:00

The MIB went back and forth during the day on Monday, ultimately settling on very little in the way of change. With that being the case, the market looks

MIB Forecast November 3, 2015, Technical Analysis

The MIB went back and forth during the day on Monday, ultimately settling on very little in the way of change. With that being the case, the market looks like we are going to continue to bounce around in this general vicinity and as a result we believe that ultimately the only thing you can do is buy this market. We have no interest whatsoever in selling and believe that there is a significant floor just below. With this, we are bullish and will remain so as there is no easy path lower.


 

MIB Forecast November 3, 2015, Technical Analysis

About the Author

Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.

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