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IT40 - Is Italy going to see another wave down?

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Wave Analysis Trend Analysis it40 it40forecast italianindex italianequities
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waveanalysis trendanalysis it40 it40forecast italianindex italianequities
The Pandemic is not over yet.
But the decline of the Italian stock market has stalled a little.

Are we going to see further declines?

The Chaos Indicates towards a higher chance of a Wave 5 Down.

If it breaks below the box, it is quite possible that it might drop to test the previous lows

Followed by Target 2 which is TZ1 @Fib Exp[ 1.62
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