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What to do in the coming days to earn money with the Ftse Mib Future?



What do you do in the next few days to earn money with the Ftse Mib Future?

Arm yourself with a lot of patience and caution. After a sprint start, the week ended weakly again and left investors in absolute uncertainty.

So let’s identify the key levels to be monitored for the next few sessions. In the medium / long term, the scenario is actually quite well defined.

What to do in the coming days in order to earn money with the Ftse Mib Future: the information for the graphic analysis in the daily time frame

The Ftse Mib Future (Quotes) closed the session at 8,013 p.m. on Aug 14, a 1.16% decrease from the previous session.

The current forecast is optimistic and aims at the 1

st price target in the area of ​​21,270. However, the barrier in the 20.365 area is holding back the rise and if not broken up immediately it could push prices towards the 19.805 / 19.630 area. Breaking these levels at the end of the session would trigger the bearish forecast with the initial target in the 18.245 area. The goals to be pursued are those indicated in the figure.

On the flip side, however, the goals are those set in the weekly and monthly timeframes that we will discuss in the next section.

ftse mib

Ftse Mib Future: Current retrograde projection on the daily time frame (dotted line). The blue line represents the running bisector levels. The red line shows the levels of the new law of vibration.

Medium / long-term scenarios

If the uptrend of the very important level around 19.375 was confirmed by the end of the week, the bearish break from two weeks ago rebounded.

So what could happen next week? In the past few sessions, it could go into the 19,600 range and then boot up again. However, we have to be very careful.

However, on a monthly basis, the conditions are set for confirmation of the upside break in resistance in the 19.015 area. Only then would there be a long-term bullish reversal.

Therefore, watch for the next week that support is maintained in the 19.375 area at Friday close of trading. Only in this case can we imagine new climbs on the Ftse Mib Future.

Ftse Mib future

Ftse Mib Future: Current bullish projection on the weekly time frame. The blue line represents the running bisector levels. The red line shows the levels of the new law of vibration. The lower field reports the BottomHunter signal. The minimum in the considered time frame is marked if it is equal to 1.

Ftse Eb

Ftse Mib Future: Current bullish projection on the monthly time frame. The blue line represents the running bisector levels. The red line shows the levels of the new law of vibration. The lower field reports the BottomHunter signal. The minimum in the considered time frame is marked if it is equal to 1.

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