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Mib_short

Sweet little bear - short the weakestBuy 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 means I am shorting it today but i am prepared to short again IF it manages to rise to the resistance). Hope it all makes sense. I am not a psychic to know what today and tomorrow brings, so hedging is important: Buy the strongest, sell the weakest. Ti amo Italia, pazienza amici.
TVC:FTMIBShort
by FX_Professor
FTSE MIB: Mid term short The trend of the Italian index on both monthly and weekly rates is strongly bearish: starting in May 2018, this series of sales does not seem to be finished yet from a technical and fundamental point of view. At the moment the price, in line with all the main world markets, seems to be recovering after having rebounded on the level of 18000 points and should retest the resistance placed in the area 19300 points with a possible but unlikely extension up to 19500. From this area there should be a series of short orders that will return the FTSE MIB to 18500/18000 points in a few sessions, except for changes in the political and economic scenario or the monetary policy of the European Central Bank. In any case, we will wait for the 19300 points before placing a short order. Join us for further analysis on: Web : www.bfcminvest.com Instagram : www.instagram.com Telegram : t.me Facebook Page : www.facebook.com
FShort
by BFCMInvest