Ladies and Gentlemen,
The Dinosaurs are back:
The Super Dragausaurus has appeared in Italy , just a few weeks after the most ethical dinosaur , the famous Yellenosaurus , made it's appearance back i the financial markets.
A third one, the bald Amazonosaurus Interneticus of the Americas has decided to go for a healthy walk from Ceo to Executive Chair...
Buy the strongest, sell the weakest.
Buy the Nasdaq (strong fundamentals) , Sell the weakest (Italy has no tourism, Industrial production came out negative today and a gvment crisis seems on it's way as coalition partners are withdrawing support from a fragile government).
I'm going short already and the chart almost agrees (almost at major resistance which...
23676.9 is a resistance zone that price will have to break to reach even higher. It is in a ranging trend.
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on...
The market divergence between European and American stocks just let me think that some countries in Europe will underperform. Besides I just identify a selling signal in Italian stock market and even if it is not the case, the timing seems to be perfect.