The MIB futures market fell during the session on Monday, but got a little bit of a bounce just above the 15,350 level. We are currently in the middle of
The MIB futures market fell during the session on Monday, but got a little bit of a bounce just above the 15,350 level. We are currently in the middle of a larger consolidation area between 15,000 and 16,000 so we are not necessarily looking for trades at this point in time.
Currently, we like buying this market the closer we get the 15,000 and will do so when that happens. Until that happens though, it is going to be very difficult to be involved in the Italian markets. With all this being said, there will be easier opportunities found in Europe.
MIB Futures Forecast December 11, 2012, Technical Analysis
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.
