LorenzoMigliori
Long

Montly view of the FTSE MIB INDEX

INDEX:MIB   MIB Index
129 0 2
As we can see, according to the E.waves theory, the Index is now finishing to complete the second wave of the third wave of the macro waves structure. For this reason i'm waiting for a buy opportunity when, in the lower time frame, i will see the right pattern/structure/wave formation that confirm this movement.
I'm going to look for this type of entry until the Index remain upside the start of the 1st wave as i've painted in the chart, otherwise this view will be wrong.

Entry: Between 15000/14000
stop loss: 12000
1 target : 24000
2 target : 30000
3 target : the sky
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