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Valérie GASTALDY
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Short term view - FTSE MIB : The MACD is overbought.

The trend is still bullish, but it could slow down. Indicators are overbought. The next target is at 24,916.00 pts. The invalidation level is below 23,674.00 pts.

Arguments :
- The major support is close.
- The resistance has been reached.
- The MACD is overbought.
- A Tom Demark Combo indicator is sending a sell signal today.
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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