#FTSEMIB Index (ITALY) index formed a inverted Triangle pattern which is bearish for medium term. Current pullback may halt and reverse from / near 50% retracement zone.
#FTSEMIB struggling to cross 38.2% retracement also. Timewise after 16 day's of decline and pullback of 4-8 days; if it fails to cross 50% retracement mark then can trigger fresh round of sell off. #ITALY
