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Ecantoni
Jun 11, 2013 12:28 PM

The huge Italian H&S #FTSEMIB Short

Description

Abenomicis is bursting and the CARRY ON is going nuts as the Nikkei is entering into bear mkt, Fed considering to taper, Europe w/o QE...Italian mkt looks pretty vulnerable in this RISK OFF environment. Technically the H&s needs a neck b/o w/ volumes, but IMHO a retest of the yellow parallel is in cards. RSI in div - not oversold yet.
Comments
Ecantoni
@ neckline it needs b/o now
Ecantoni
straight to the neckline...
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