Ecantoni
Short

The huge Italian H&S #FTSEMIB

INDEX:FTY0   Italy Titans 30
103 1 0
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.
Ecantoni MOD
3 years ago
neck retest likely at this point
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