FTSEMIB Weekly - Update - 01/13/2018 10:24:25

FTSEMIB Weekly - Update - 01/13/2018 10:24:25

Very positive week even the one just passed that has opened the way
to zone 23880, but that we will not reach immediately.

Next week I expect a bit of profit taking that will be there
lead to review area 23133

But be careful with shorts, strong hands are still all long and hunting
shorter's stops

The weekly adx has returned firmly positive, while the indicator Fisher has reversed
therefore, we still expect positive weeks, after the profit taking next week.
The CM_laguerre indicator is still lateral and not indicative.

Weekly Resistance: 23474,510
Weekly Support: 21613,890
 


FTSEMIB Index - Last Value: 23429.83
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 23879.84
R2 = 23545.82
R1 = 23436.02
PIVOT = 23319.80
S1 = 23203.57
S2 = 23133.42
S3 = 22923.11

CROC X3 - Last Signal (Long Period - TF 1D)
LONG from 22.011.59
since 04/01/18