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Valérie GASTALDY
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Short term view - FTSE MIB : The bearish gap opened as prices break out of the pattern announces a fall.

The trend is still bearish, the invalidation level is above 21,138.70 pts. The target is at 19,442.70 pts.

Arguments :
- Prices are pulling back to the resistance level (previously a support). The fall will resume afterwards.
- The bearish gap opened as prices break out of the pattern announces a fall.
Provider
Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

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Valérie GASTALDY

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