The MIB as you can see had a slightly positive session on Friday, continuing to grind higher. That being the case, the market still looks very positive,
The MIB as you can see had a slightly positive session on Friday, continuing to grind higher. That being the case, the market still looks very positive, and as a result we are very bullish. That being the case, we feel that the market will then head to the 20,000 level, and then possibly even higher than that. With that being said, we buy dips, and we have no interest whatsoever in selling this marketplace. The European Central Bank could very well loosen monetary policy according to some statements, and if that’s the case it should continue to push markets higher.
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.
