pantheo

Italy coming down again $EWI, $ITA40(cfd)

FX:ITA40   FTSE MIB index of Italian listed shares
56 0 0
Previous short trail stopped at 20,600. Reenter at the pin, top of the wedge. Might bounce at 20.560 area (blue line) but there are strong probabilities that will continue down testing the first demand zone again.

Momentum keeps diverging, not confirming the recent high too, as well as the previous ones.
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