The MIB futures had a strong showing on Tuesday as did many of the European indices and their futures markets. We are currently have parked at the 16,200
The MIB futures had a strong showing on Tuesday as did many of the European indices and their futures markets. We are currently have parked at the 16,200 area, and it does look like were ready to break out. We have been suggesting that 16,250 would be a level that would be reasonable to enter this market, and still feel the same way. As for selling, we have no plans on doing so now that it looks like we are ready to take off. Also, it should be noted that most European indices that we follow now look like they’re ready to explode to the upside.
MIB Index Futures Forecast December 19, 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.
