LYXOR FTSE MIB (DR) UCITS ETF - DIST
Hi, I shorted FtseMib at $24542. I'm reloading my short at this level $24225. My Final targets at $21225 & $20250. SL at $25200 Reasons: ECB raising rates, recession incoming: less production and less consumptions --> lower dividends. FTSEMIB had a rally recently, that it's not driven by FA. So, I'm expecting a correction during the first semester of 2023. In...
Hi, I have in mind 2 scenarios. Currently INDEX:FTSEMIB is at the upper band of the BB, very close to its resistance level. I think it will be rejected and approach the support (1st rectangle area). At this point, IF global market conditions will be good and expected (and I mean SPX + Eurozone Interest rate), then INDEX:FTSEMIB may rebounce from this...
It will at least go back to previous lows then we will see based on how the government is working
The FTSEMIB will see a further large correction -34% retracing to FTSEMIB 14200 points. Stocks listed on the index have small capitalization, low dividends and awful Returns. The Italian economy could be tipping into a Recession in future, thereby lowering growth prospects, stock returns and profitability. FTSEMIB chart on a larger time scale, already...
Some thoughts long-term. Current pullback is from 138% of the wave ((B)). Impulsive move is likely in its fourth wave. Looks really scary going forward when the impulse is complete around 2023
Italy might be good at FOOTBALL but NOT in FINANCE. Dark Days Coming... GOODLUCK!
FTSE MIB (Milano Indice di Borsa), Italy Index. 12 Years Base, .382 Fibonacci, at Range Level.
Hello all, today I would like to share this analysis about the FTSE MIB index. A like would be appreciated; now, let me describe my strategy. 1. The horizontal line at the bottom seems to form a good support: it was touched several times in the last 20 years, but it hasn't been surpassed by any bar. Unfortunately, the "First resistance" line kept the index low...
Rendimenti 2020 delle azioni italiane del listino FTSEMIB con capitalizzazione > 20 miliardi di euro Fonte capitalizzazione borsaitaliana.it
📍 This diagram comes after the conversation with @lu1977hk, and is no more imaginative than the positional flows across the global equity board. In Italian Equities the initial offensive targets for sellers come in at 18,466; 17,643 and 16,819 from a "fibs perspective". The connection of further downside in European and Global Equities is more or less the same...
FTSE MIB continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minute counter-trend wave 2. The next move should be minute 3, where the most probable target is is below 17,000. If prices crosses up 20,400, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
FTSE MIB seems to be tracing intermediate wave (C ) up that will complete primary wave 2. Most probable target before the trend is reversed lyes in the range 20,350 - 21,200. A move below 17,600 would indicate the trend already reversed. FOLLOW SKYLINEPRO TO GET UPDATES.
FTSMIB = 14500 - 40000 BULL BUBBLE INFLACTION MARKETS. ALL IN
The Italian stock index recently concluded cycle wave 2 counter trend up and it is developing primary wave 1 down. The current upward movement is a counter trend that could be labeled intermediate wave 4 or primary wave 2. The log-term forecast is the same in either cases, after this counter trend up the index should go for a long-term downward path. FOLLOW...
Opened another short for catch some % on the free falling of the italians markets.
here is the overwelming performance of enel against the italian stock mkt today enel weights 19,3% of the index on march 20 reshuffle day enel MUST be capped at 15% as per index rule so enel will loose some 4% in weight , this means that for every basket long against the future or etf replicating the index 4% of the value will be...
First two take profit done! Thinking to open another short.