TradingView
XiNiaN
Jul 7, 2017 4:55 PM

FTSEMIB Weekly, Pullback done? 

MILANO ITALIA BORSA INDEXTVC

Description



Weekly that closes with a pullback of the bullish trendline broken the previous week;

This would call a forthcoming weekly bearish candle which could eventually release the index from the lateral phase that has been going for weeks,
with the break of the weekly support placed at 20577.60, and start it down to the target in area 19500.

A weekly closing above the 21170 would cancel the whole vision.
More